Lightning Network in Full Swing, You Can Buy Coffee with Bitcoin Instantly Now
It's time for Coffee now just after Coke
Two months ago, Ricardo Reis created a dummy coke vending machine that accepted payments in Bitcoin through Lightning Network (LN). The customers just had to scan the QR code to make the payment through their Lightning-enabled wallet.
dummy coke vending machine that accepted payments in Bitcoin through Lightning Network (LN)
This development played a significant role in boosting the process of mass adoption of Bitcoin. Now, a recent Reddit post titled, "Bitfury Presents: The Lightning Network Coffee Machine," explaining how coffee can also be bought instantly in exchange for Bitcoin through LN, informed crypto enthusiasts about this new development.
A video has been posted on Youtube that shows how the coffee machine is connected to the device that generates the scanning code. The payment is processed as soon as the customer scans the QR code. The link to the video is
the network capacity of Lightning Network has increased by 321 percentage to 453.65 BTC
According to the current Bitcoin transaction fees, as per Bitcoinfees.info data, it costs $0.32 to have your transaction mined on the next block that takes 10 minutes and within three blocks that takes 30 minutes to get mined. The fee for the transaction mined within six blocks that takes an hour is $0.26.
It has been seen recently that the Lightning Network, which is a second layer that uses smart contract functionality in the blockchain in order to enable instant payments across a network of participants, has achieved big numbers. According to the data on 1ML, with 4,289, the network capacity of Lightning Network has increased by 321 percentage to 453.65 BTC (about $1.8 million as per current BTC price of $4000).