As Bitcoin becomes increasingly popular, it is clear that people will look for ways to make cheaper on-chain transactions. The Lightning Network has been one of the solutions long proposed by Bitcoiners to solve Bitcoin’s scalability problems. From disrupting the remittances market, streaming micro-payments, private messaging, and bringing DeFi to Bitcoin, paying attention to the innovations on LN is of paramount importance. However, with the lack of incentives to bootstrap liquidity and the complexity of interacting with the protocol as a regular user, one could legitimately ask if the Lightning Network can live up to its ambitions?
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