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A Primer on Bitcoin’s Lightning Network

The Breakdown

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Introduction

The breakdown is a daily podcast on makro, bitcoin and the big picture power ships remaking our world. To day we are looking at lightning - one of the layer two solutions for bit coin. The network was proposed in a 20 15 white paper by researchers joseph poone and thaddeus dryja. It is designed to help deal with inherent issues with block chain such as speed and cost.

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