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Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale

Coin Stories

CHAPTER

Block Space Scarcity and Layer 2 Solutions

This chapter discusses the issue of block space scarcity and the need for layer 2 solutions to scale. They explore the importance of lightning as a layer two solution and suggest using it for transactions instead of the base layer to avoid high fees. The speakers predict the future effects of block space scarcity and highlight the interaction between the lightning network and the base layer of the blockchain.

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