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With the halving looming and transaction capacity maxed out, some are predicting a doomsday scenario. Much, therefore, depends on the Lightning Network. A “decentralized network using smart contract functionality in the blockchain to enable instant payments” which is capable of an amazing “millions to billions of transactions per second” according to the Lightning Network’s website. […]
The post Bitcoin Scalability: An Inside Look at Lightning’s Race to Save the Day appeared first on CCN: Financial Bitcoin & Cryptocurrency News.