The post How the Lightning Network Works: An Overview of Layer 2 Scaling appeared first on Coinpedia Fintech News When Bitcoin was introduced in 2009, it was described as “peer-to-peer electronic cash” that allows users to make direct money transfers without third-party intermediaries like banks. At the inception of the Bitcoin network, the developers focused on two main aspects: direct transactions and decentralisation. However, they didn’t consider the third important pillar – scalability. In …