Scaling Bitcoin with Lightning and Liquid
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In this video, I answer questions about how the Lightning Network and the Liquid Network can help to scale Bitcoin.
Both offer faster and cheaper transactions, while giving up some of the final settlement guarantees that are only available at the base layer.
As on-chain transaction fees move much higher over time, people will be forced onto higher layers, especially for small, low value transactions that don't require the same final settlement guarantees that the base layer can provide.
Bitcoin's end game is completely full blocks that provide final settlement for the net results of transaction that take place on higher layers.
Like other money, Bitcoin will scale in layers.
Not investment advice! Consult a financial advisor.
Watch these 2 videos first:
• Bitcoin And The Liquid Network
• Is Layer 2 Bitcoin A Shipcoin?
How Bitcoin Scales (Fedimint):
• How Bitcoin Scales (Fedimint)
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
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#Liquid
#Lightning
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