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Board Development & Technical Discussion
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Re: Hal Finney predicted Bitcoin banks, how does the software look like?
by
Findingnemo
on 09/02/2025, 17:28:05 UTC
⭐ Merited by vapourminer (2)
Quote from: takuma sato on Today at 05:02:11 PM
Was the Lighting Network being described here, or did he talk of something else?

I guess it't not the LN or second layer, it's a different token backed by Bitcoin and we have the bitcoin backed tokens on multiple chains but it didn't solve anything.

The concept of Micropayments came in the year 2013 [ANNOUNCE] Micro-payment channels implementation now in bitcoin  and the concept of LN came into the discussion since 2015 and finally implemented on the year 2018.