This was why in 2015, two researchers, Thaddeus Dryja and Joseph Poon, proposed the idea of the Bitcoin Lightning Network with inspiration from Satoshi Nakamoto.
While Bitcoin was the first cryptocurrency, it took a lot of time and money to send Bitcoin from one person to another. Still, the crypto project was not without problems, especially regarding scalability and fast transactions. Origins of the Bitcoin Lightning Networkīitcoin may have been a miracle that came out of nowhere and outlived a host of naysayers.
Here is everything you need to know about the Lightning Bitcoin Network. Just like its name, it promises to change how Bitcoin transactions work and offer an alternative pathway to betting and crypto transactions. The Bitcoin Lightning Network is now a reality 1xBit, the crypto sportsbook.
