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Trading? Mining? Using Lightning Network Also Becomes Profitable

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Tue, 14/08/2018 - 15:43
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Trading? Mining? Using Lightning Network Also Becomes Profitable
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The rapidly growing Bitcoin's Lightning Network, which is known for its high-speed transactions, can now bring you money…but very little (a lightning developer Alex Bosworth earns only $2 per month). From now on, users who choose to run a node on their computer can earn through a system of fees. 

While the majority of nodes are still managed by pure enthusiasts who do not charge anything, giving an ability to earn Satoshis for providing routing would give a good incentive for maintaining the network. Bosworth predicts that LN fees will still remain minuscule in the future, so lightning payments would remain cheaper than traditional transactions.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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