Market News: Mobile Phone Bill Topped Up With Lightning

Bitcoin transactions at the beginning of 2018 can get cheaper and lightning fast!

Recently Lighting network was used to top up a mobile phone bill. The test used real money, and the transaction went through flawlessly, taking almost no time and being completely free.

While such transaction is not yet commonly available to the public and most likely is still primarily limited to command line interfaces, it nonetheless gives a peek into how the future may be shaping for general bitcoin users.

Lightning has been one of the more watched bitcoin-scaling solutions. It brings a new layer of abstraction atop the bitcoin protocol and allows for quicker transactions while reducing the fee without negatively impacting security. According to data site Bitinfocharts, presently, the average transaction fee of bitcoin is at $36.