Bitcoin has a huge scaling problem — Lightning could be the solution
https://arstechnica.com/tech-policy/2018/02/bitcoins-lightning-network-a-deep-dive/ [arstechnica.com]
2018-02-08 02:19
So, what’s on the horizon as bitcoin prepares for Lightning to strike? To truly understand, it’s important to first understand how Lightning uses the cryptographic primitives of the bitcoin network to make secure payments outside the blockchain (you’re in luck—we’ll explain). From there, we’ll take a step back and consider the key strengths and weaknesses that the new network is likely to have once it’s deployed at scale.