Sztorc vs Gladstein: Can Lightning scale Bitcoin?
During the historically significant block size debate that raged through the Bitcoin userbase from 2015 to 2017, a key area of contention surrounded the idea of how bitcoin (BTC)-denominated payments will scale to a global userbase. While some major miners, exchanges, wallet providers, and other users wanted to see a hard fork to increase capacity for on-chain payments, the major contributors to Bitcoin Core and other users thought it would be a better idea to try to maximize use of the then-available block space limit before opting for a backwards incompatible change that could potentially split the network. The end result of this debate was the adoption of Segregated Witness (SegWit), which paved the way for the Lightning Network to develop as a secondary payments layer for the base Bitcoin blockchain. While there has been some adoption of this layer-two (L2) Bitcoin network in various forms, drivechain inventor and LayerT...