A short video below demonstrating a transaction on bitcoin’s lightning network. The network continues to grow and we are watching closely to see how it progresses over the next few months. The speed of transaction execution is impressive.
Lightning faces various challenges, not least around security and its ability to generate a network large enough to make it useful. However, the low fee and high speed experience are certainly appealing.
Credit to Rui Gomes the developer of lightning spin. A great demo.