The Lightning Network is the most exciting and hotly anticipated development in cryptocurrency for many years. It will allow bitcoin users to send instant transactions that cost as little as 1 hundredth of cent. In addition to almost instant and free transactions, the Lightning Network will allow tens of thousands of transactions per second, which is a pretty substantial upgrade compared to the 5 - 10 per second the network can currently handle. Given the huge opportunity the LN offers to gambling operators, it's little wonder that CoinGaming are already beta-testing this new peer-to-peer payment layer.
CoinGaming Group are pioneers in bitcoin gambling and operate some of the most popular crypto casinos, poker rooms and sportsbooks on the planet, including SportsBet.io, Bitcasino.io, Slots.io and Bets.io. According to their Chief Technical Officer, Peter Piller, "The Lightning Network is a potential solution that could revolutionise bitcoin as a payments platform. This trial will pave the way for a rollout very soon as we cement our position as the leading bitcoin operator".
The good news is they plan to roll out the Lightning Network to their sites in the near future providing their current beta tests are successful.
CoinGaming Group are pioneers in bitcoin gambling and operate some of the most popular crypto casinos, poker rooms and sportsbooks on the planet, including SportsBet.io, Bitcasino.io, Slots.io and Bets.io. According to their Chief Technical Officer, Peter Piller, "The Lightning Network is a potential solution that could revolutionise bitcoin as a payments platform. This trial will pave the way for a rollout very soon as we cement our position as the leading bitcoin operator".
The good news is they plan to roll out the Lightning Network to their sites in the near future providing their current beta tests are successful.