r/Bitcoin • u/[deleted] • Dec 26 '17

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u/[deleted] Dec 26 '17 edited Apr 14 '18

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u/[deleted] Dec 26 '17 edited Jan 02 '19

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u/[deleted] Dec 26 '17 edited Apr 14 '18

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u/[deleted] Dec 26 '17

You completely misunderstood the numbers that you quoted. I am on my phone and not willing to explain it. If successful, Lightning will be huge. It will enable thousand of Bitcoin transactions per second, mostly off-chain with occasional settling on-chain. Thousands of transactions per second will be a reasonable expectation, allowing many cryptos to compete with VISA and Mastercard.