> before bitcoin could scale for everyday payments, there was a problem. > transactions were slow 🐌 > fees could spike ⬆️ > and using it for small, instant payments wasn’t practical 🔻 > some devs started working on a different layer. > one of them was Olaoluwa Osuntokun ⭐️ > co-creator of the @lightning implementation - lnd > early contributor to Bitcoin infrastructure > focused on scaling @Bitcoin for real-world usage > his work centers on a simple idea: > bitcoin doesn’t have to handle everything on the base layer. > it can scale through layers built on top of it. > that’s where the Lightning Network comes in. > a system that allows users to send BTC instantly, with lower fees, by moving transactions off-chain and settling them later on the main blockchain. > @roasbeef played a key role in building that infrastructure, particularly through lnd, one of the most widely used Lightning implementations. > the goal wasn’t only technical, > it was practical. > make BTC usable for everyday payments > enable fast, low-cost transactions > expand what the network can actually do > today, the Lightning Network is one of the main approaches to scaling bitcoin. > and behind a lot of that progress are devs quietly building the rails that make it possible. 🧠 Olaoluwa Osuntokun is one of those builders. Read more about him via his wiki page attached below ⬇️

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.