A practical test conducted at the Bitcoin Conference in Las Vegas demonstrated the potential of the Lightning Network for everyday payments. Over 5,000 transactions were completed via the layer-two protocol within eight hours, with all participating merchants receiving training on the same day. BTC's Chief Financial Officer, Di Lewis, noted that the system can simulate a typical payment experience similar to Apple Pay and highlighted a recent nearly zero-fee $1 million Lightning Network transaction to demonstrate that its capabilities have expanded beyond small-value transactions.
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A practical test conducted at the Bitcoin Conference in Las Vegas demonstrated the potential of the Lightning Network for everyday payments. Over 5,000 transactions were completed via the layer-two protocol within eight hours, with all participating merchants receiving training on the same day. BTC's Chief Financial Officer, Di Lewis, noted that the system can simulate a typical payment experience similar to Apple Pay and highlighted a recent nearly zero-fee $1 million Lightning Network transaction to demonstrate that its capabilities have expanded beyond small-value transactions.