The Lightning Network is a solution to Bitcoin's scalability problem that allows for high volumes of fast and cheap transactions to be conducted off the blockchain. It creates payment channels that enable direct and instant transfers between two parties without waiting for transaction confirmations. This helps Bitcoin fulfill its potential as a global, decentralized payment system and scales far beyond the current 7 transactions per second that can be supported on-chain.

1. Bitcoin
Lightning Network
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Bitcoin
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Lightning Network
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65,000 Tps Max 7 Tps Max

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● Global consensus
needed for every
transaction
● Security overkill
● 1mb Block Limit
● Future high fees
on-chain fees for
security
Source: YBRIKMAN.COM

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Source: CoinMetrics.io

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“Bitcoin itself cannot scale to have every single financial
transaction in the world be broadcast to everyone and
included in the blockchain. There needs to be a
secondary level of payment systems which is lighter
weight and more efficient."
-Hal Finney, Dec 2010

9. THE SOLUTION?
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X
K
L
B
F
A
D
F
H
G
E
J

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15. 15
Pessimists
DA F
B
EC G
Optimists
D
A
B
E
C
Source: Saturn.network

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jimbrysland@gmail.com
@jimjoe_1997