New Lightning Network Video Sparks Bull Run in Bitcoin - over 18,000 at the time of this writing - Blockchain Moment
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New Lightning Network Video Sparks Bull Run in Bitcoin - over 18,000 at the time of this writing

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Published on Dec 6, 2017
In this video Laolu (co-founder of Lightning Labs) demonstrates a multi-hop payment on Bitcoin's mainnet which travels across the 3 major Lightning implementations. In the demo Laolu (a.k.a roasbeef) sends a payment from our Lightning desktop app (https://github.com/lightninglabs/ligh...) to Starblocks, a coffee payment demo.

This payment marks the first multi-hop, cross-implementation payment on Bitcoin's mainnet. All transaction performed in the video were performed completely off-chain, instantly, and with virtually zero fees. Lightning allows instant, low-fee payments on Bitcoin, enabling the system to scale further for the next wave of adoption. Additionally, Lightning unlocks a new class of use cases for Bitcoin enabled by the ability to instantly send low-fee payments on the system.

Current Price on CoinMarketCap: $18,245
Current BTC Price Index (cryptocompare)
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