27 views
in Cryptocurrency by (16.6k points)
How does the concept of "layered scaling solutions" like the Lightning Network address scalability issues in the Bitcoin network?

Please log in or register to answer this question.

1 Answer

0 votes
by (16.6k points)

Layered scaling solutions like the Lightning Network address scalability issues in the Bitcoin network by enabling off-chain transactions. Instead of every transaction being recorded on the main Bitcoin blockchain, the Lightning Network allows users to create payment channels directly between each other. These channels can facilitate multiple transactions off-chain,_

...