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Bitcoin’s Lightning Network: from seven to 40 million TPS

In the realm of digital currencies, Bitcoin stands as a pioneering force, driving a revolution in how we perceive and transact value. However, as with any groundbreaking technology, it faces challenges. One of the most pressing is scalability. While traditional payment systems like Visa can handle thousands of transactions per second (TPS), Bitcoin’s TPS has […]

An Overview of The Lightning Network, Bitcoin’s Second Layer

The Lightning Network represents a pivotal innovation in the world of cryptocurrency, particularly for Bitcoin. It is a “Layer 2” payment protocol that operates on top of a blockchain—most notably, the Bitcoin blockchain. Designed to tackle the inherent scalability issues of Bitcoin, the Lightning Network facilitates instant, high-volume transactions that are significantly more efficient than […]