Something for the “Bitcoin is too slow” crowd

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Bitcoin IS slow, but that’s okay. It’s the tradeoff for a decentralized system. A centralized database is way faster but cannot provide what Bitcoin does. The good thing is that the tradeoffs can be different on a second layer like LN where transaction speed is prioritized. This is a better system since the security and openess of the base layer is not sacrificed for the priorities of other layers. It’s the best of all worlds.



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