In this article we attempt to lay out background and foundations for systematic research of the Lightning Network as an ecosystem of projects, startups and products that drive adoption of the technology in various use cases. While the direction of future research will most likely be from a VC angle, this is rather an academic attempt to enumerate, and classify the projects, highlighting emerging trends and open questions.

Progress of development and user adoption in the Lightning Network ecosystem has not been making frequent headlines in the media and has from time to time given rise to debate about the…

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