A Word On The Lightning Network
Bitcoin itself cannot scale to have every single financial
transaction in the world be broadcast to everyone and included in
the blockchain. There needs to be a secondary level of payment
systems which is lighter weight and more efficient.
~ Hal Finney, 2010-12-30,
Early cypherpunk
& the second person to run Bitcoin
Early cypherpunk
& the second person to run Bitcoin
Think of it like this:
Bitcoin:
Savings Account
~ Slower transactions for larger amounts.
Lightning:
Checking Account
~ Faster transactions for smaller amounts.
Bitcoin enhanced by Lightning can be viewed as both a product
(digital property) and a service (open monetary network). The
ability to transfer monetary energy through time and space without
government intervention or conventional banking is enormously
valuable to humanity.
~ Michael Saylor, CEO
Microstrategy
Microstrategy
Learn more about Lightning here:
lopp.net/lightning-information.html