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Bitcoin Cryptocurrencies Scaling Blockchain Lightning Netowrk Vatsal Kanakiya Blog Web3

2022


Scaling Bitcoin with Lightning Network - a Primer

·1054 words·5 mins

Here’s the thing: L1s like Bitcoin and Ethereum are slow. Bitcoin currently processes about 5 Transactions (Tx) a second. On the other hand, Visa does 24000 Tx / sec. How can crypto ever outperform traditional money? Here’s how Bitcoin scales with the Lightning Network👇🧵