4min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.

Swan Signal Live - A Bitcoin Show

CHAPTER

Bitcoin - The Bitcoin Network Has Multiple Layers

The Bitcoin network has multiple layers, just like the current financial system. Visa is merely a layer on top of a deeper payment network. There's no limit to how many surface layer transactions can occur because there is no limit to the size of those massive settlement transactions. With Lightning, two people can open a channel with each other using a base layer transaction and then send any number of instant transactions between them.

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