3 ms·
Bitcoin doesn't easily scale in its current form. For that, people have invented the Lightning Network (https://lightning.network https://lightning.network). LN
by once_inc 9y ago
Bitcoin doesn't easily scale in its current form. For that, people have invented the Lightning Network (https://lightning.network https://lightning.network). LN is a layer 2 solution which sacrifices a modicum of trustlessness in favor of fewer on-chain transactions. Suppose you want to buy a cup of coffee every day with the same vendor. You could agree to do all transactions in the Lightning Network, reducing the number of on-chain transactions from 30 to 2. This cuts fees and increases usability.