2min chapter

The Scoop cover image

David Marcus wants to make Bitcoin's Lightning Network the global settlement layer for the internet

The Scoop

CHAPTER

Lightning Network: A Low-Cost Settlement Network for the Internet

For us right now it's really infrastructure work. It's really building the capabilities that will enable any enterprise out there to access a real-time super low-cost settlement network for the internet. And then what we aim to go to from here is actually enable transactions in all kinds of different currencies. If your transaction takes less than a second to clear, the volatility of that settlement asset on the network for just that split second is not that costly to manage. Yeah.

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