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Review on Lightning Network by Bud Crabtree

Revainrating 5 out of 5

Good Solution For Off Chain Transactions

The lightning network is a layer 2 solution that allows us to transact off chain. It also has a built-in solution for atomic swaps. It is a very innovative and unique technology. The concept is a little difficult to understand at first but once you get it, it is very easy to use. The implementation of lightning network is not as easy as it should be. The developers seem to be slow in their implementation of the lightning network. They have released a new version of their software and it is still not compatible with the older version. The developers should try to release a version of their software that is compatible with the older version. Lightning network is a very innovative and unique solution for the blockchain space. It is not available on all blockchains. It is a great solution for those who want to transact off chain. It.

img 1 attached to Lightning Network review by Bud Crabtree



Pros
  • Offers an alternative way
  • Can do many things without running full nodes or broadcasting transactions.
  • Works even if there are no servers around (e2ee)
  • Easy setup process!
  • Fast transaction times compared other solutions like Bitcoin & Ethereum
Cons
  • Almost everything is ok