When Satoshi Nakamoto first proposed Bitcoin, the first public criticism it received was around its scalability potential. Fast forward to 2021, and according to many supporters and doubters, scalability is still Bitcoin's biggest problem.
However, with the rise of institutional interest and technology, a solution to the above-mentioned problems was proposed, called the Lightning Network.
The Lightning Network solves the scalability of Bitcoin as a secure off-chain settlement. Why not fix Bitcoin directly?
However, with the rise of institutional interest and technology, a solution to the above-mentioned problems was proposed, called the Lightning Network.
The Lightning Network solves the scalability of Bitcoin as a secure off-chain settlement. Why not fix Bitcoin directly?
I thought the first public criticism was the "anonymity" which of course later on people understood to be pseudo anonymous only,,, and all those Silk Road people who got caught finally understood this truly well:)
But anyway scalability is not Bitcoin's biggest problem but privacy still is (which is why the big important progress was taproot).
Segwit directly fixed Bitcoin and LN also,,, I do not see the point of asking?
