Bitcoin has been around us for many years now. However, up to this day, a lot of people do not believe in all its capabilities and are unaware of how many interesting usages BTC can really have.
Digital currency or cryptocurrency such as Bitcoin is unlike anything you could see up to this moment. It’s not possible for you to take a physical BTC and put it in your wallet or in your purse. You cannot go to daily shops and pay with it just like you would do with Euros, Dollars, and other FIAT currencies.
At the very beginning of Bitcoin, no one had anticipated that the cryptocurrency will become such a prominent and notable technology and currency at the same time. Nonetheless, it was back in 2008, right after the start of this huge enterprise when one of the financial figures, James A. Donald, questioned the scalability of Bitcoin. It turns out that almost eleven years later the problem indeed occurs and there needs to be a solution fixed before Bitcoin starts competing with other currencies and other payment methods on the bigger scale.
But before we delve more into the Lightning Network and…
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