BTC019: Bitcoin's Layer 2 Lightning Network w/ Ryan Gentry (Bitcoin Podcast)
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Scaling Bitcoin: The Lightning Network
This chapter explores the Bitcoin network's intricacies, specifically focusing on the Lightning Network as a scalable solution for transactions. By contrasting this system with traditional fiat methods, it delves into transaction dynamics, economic density, and the role of key nodes in facilitating efficient Bitcoin transfers. The discussion also highlights the adoption of the Lightning Network in economically unstable regions, showcasing its significance as a stable financial alternative.
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