Lightning as scalable second layer to bitcoin, running bank solution on private infrastructure, be payment provider without trusting third party
The Lightning Network (LN) is a “layer 2” payment protocol layered on top of Bitcoin (and other blockchains and cryptocurrencies).[1] It is intended to enable fast transactions among participating nodes and has been proposed as a solution to the bitcoin scalability problem.
quotes
“A fragment of a Bitcoin on top of lightning is like a small packet data packet on the internet only for value,” said Marcus. Users could send any currency they’d like—including dollars, yen, or euros—and receive any money of choice on the other side. Lightning acts as the “real-time,” “low cost,” and “cash final” settlement layer in between, he explained. -David Marcus
links
- Lightning Node Operation
- Cashu custodial offline transactions