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Trustlessness, Scalability, and Transaction Throughput in Bitcoin Protocols
This chapter explores the trade-offs between trustlessness, scalability, and transaction throughput in higher layer Bitcoin protocols. The discussion includes examples of federations such as FEDIMINT and Liquid, as well as the potential scalability of FEDIMINTS and the Lightning Network. The goal is to enable people to use and accept Bitcoin freely while considering the impact of different scaling solutions.