Lightning Network doesn't have the capacity to support Twitter actually. Not sure who started this myth really.
How many #crypto exchanges to constitute critical mass for exponential LN adoption? I bet that if @jack brings LN to Twitter, other exchanges will jump on the bandwagon much faster.
But probably at that point exchange support won't matter much in terms of adoption.https://twitter.com/paoloardoino/status/1426598096096612359 …
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Over past 30 days @bitfinex processed in terms of percentage of tx count [dep/wd] (for #bitcoin
related transactions).
60% #Bitcoin (L1)
34% #LightningNetwork 
5% @Liquid_BTC
1% RSK
related transactions).
60% (L1)
34%
5%
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Let’s do some basic math
Twitter has ~200M users. 1 block can contain ~2k transactions. So that’s 100k blocks. 10 minutes between blocks. 2 years and billions in fees just to open all these channels… Or…
Of course it will be a centralized custodial solution. Yay Lightning! https://twitter.com/jack/status/1425893910728036359 … - Show replies
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most exchanges at this stage simply think ‘why lose my 0.003 BTC withdrawal fee? i wait’. whilst LN implementation can be a good marketing tool to attract new losers, gain market share.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Bitrefill is my exchangeThanks. Twitter will use this to make your timeline better. UndoUndo
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@jack (CEO of Twitter and Square) is now following@Liquid_BTCThanks. Twitter will use this to make your timeline better. UndoUndo
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life is tough rn, prettypls mint me some usdt
0xcd716eafe720162f66d6b4cae36b8a037f2cdba0Thanks. Twitter will use this to make your timeline better. UndoUndo
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