#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
Lex Fridman Podcast
Scaling Bitcoin: Challenges and Innovations
This chapter explores the complexities surrounding merchant adoption of Bitcoin and the misperceptions about blockchain scalability. It discusses the necessity of layered scaling models, the role of second-layer solutions like the Lightning Network for everyday transactions, and recent Bitcoin protocol upgrades that enhance privacy and efficiency. Additionally, the chapter addresses historical criticisms of Bitcoin, connecting its past associations to current public perception.
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