This web app shows the power of Lightning Network (and a lot of dicks)

June 11, 2018 Neer Varshney


If you think blockchain technology is boring, this Twitter user is out there to prove you wrong. Lightning K0ala has created an online graffiti board, called satoshis.place, to show the power of Lightning Network (LN) in processing micro-transactions. For those who do not know, Lightning Network is a layer that sits on top of Bitcoin’s blockchain to make the transactions cheaper and faster. While the technology is still in its nascent stage, it is often touted as a solution to Bitcoin’s scalability problems. Its total network capacity crossed $150,000 in April. In fact, at one point in March, it had more…

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