CoinGate Might Get The Leading Edge

in #bitcoin6 years ago

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Its only a matter of time before more systems start to use lightning network for bitcoin and CoinGate seems to be one of the first to use it for their payment gateway.

Whats great about coingate is you can connect it up into just about any website and start accepting, buying and selling crypto. But with adding lightning network to their systems it will allow them to process micro transactions for very little fees.

Its a great move and one that might help CoinGate start beating out their competition. However it is up to us as website owners to accept such payments and allow it as an option for our products and services.

However Lightning network really is not user friendly at all which has been shown by the very slow adoption rate so far in the last 6 months. Within another year or two maybe even three this should change and lightning network and bitcoin should be streaming along nicely processing transactions faster and with lower fees then ever before. Early adopters however can benefit from this so if you down own a site I highly recommend adding it as an option to your sites asap.


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@bitcoinflood sounds good to me (a web dev/designer)... I will definitely check this out for my clients and perhaps persuade them to implement CoinGate payments on their websites.

Nice step by CoinGate.

@bitcoinflood, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!

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