Bitcoin Lightning Network: Scaling Solutions Decrypted
<h1>Bitcoin Lightning Network: Scaling Solutions Decrypted</h1> <h2>Pain Points in Crypto Transactions</h2> <p>High fees and slow confirmations plague Bitcoin‘s base layer. During the 2023 bull run, average transaction costs surged to $28 with 6–hour delays, as per <strong>Chainalysis Q4 2023 Report</strong>. Merchants lost $1.2B in potential sales due to abandoned carts from slow payments.</p> <h2>Technical Architecture…