Lighting Network Makes Bitcoin Scalable — Bitcoin Magazine

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This is an opin­ion edi­to­r­i­al by Stanislav Kozlovs­ki, a soft­ware engi­neer and macro­eco­nom­ic researcher.

Many Bit­coin­ers have heard of Bitcoin’s “lack of scal­a­bil­i­ty” — it is one of the most com­mon cri­tiques waged against the project by both glut­to­nous cryp­tocur­ren­cy com­peti­tors and incum­bent estab­lish­ment actors.

Some old­timers may remem­ber the heat­ed, bathed-in-con­tro­ver­sy Block­size Wars of 2015 to 2017 which, aid­ed by indus­try insid­ers, most shal­low­ly aimed to make Bit­coin scale to more trans­ac­tions by increas­ing the max­i­mum block size and by doing so, almost set prece­dent and changed Bitcoin’s future course for­ev­er.



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