Just for FIY: First layer BTC takes 7 minutes, but lightning network (2nd layer) takes a couple of seconds. There are a handful of other cryptos with sub-second

Just for FIY: First layer BTC takes 7 minutes, but lightning network (2nd layer) takes a couple of seconds. There are a handful of other cryptos with sub-second transaction speed. It's honestly pretty impressive for such fast consistency in a highly distributed network. I wouldn't expect anything less for a more centralized solution though, so it's not exactly the "selling point" of such a system. Just that it can keep up under most scenarios.