One of the biggest challenges Bitcoin faces is scalability. Transactions can be slow and costly, making mainchain settlement less efficient for everyday transactional use. Enter the Lightning Network, an innovative solution that has the potential to make Bitcoin unstoppable. In the latest episode of Bitcoin Backstage, we explore the concept behind the Lightning Network, its role in Bitcoin’s growth, the involvement of David Marcus with LightSpark, and the unstoppable nature of Bitcoin itself.
Understanding the Lightning Network
Before we delve into the incredible impact the Lightning Network has had on Bitcoin, it is essential to understand how it works. The Lightning Network is a second-layer, off-chain scaling solution built on top of the Bitcoin blockchain. It addresses the scalability issue by enabling faster and cheaper transactions. The Lightning Network has revolutionized the way Bitcoin transactions are conducted.
The Concept Behind the Lightning Network
The Lightning Network o
We współpracy z: https://bitcoinmagazine.com/technical/the-lightning-network-makes-bitcoin-unstoppable-bitcoin-backstage-with-david-marcus
