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No Bitcoin-based protocol can handle more than 20M users per month
To solve Bitcoin’s scalability challenge, many so-called layer 2 protocols have been proposed. All of these protocols operate on the same, relatively simple, principle:
RESTful Bitcoin Payment Channel Protocol (v2)
A Bitcoin payment channel enables sending bitcoins between two parties instantly, securely and without fees. The intended use is consumer-to-merchant payments, allowing a consumer to make many small payments to a merchant - with whom the consumer has an open payment channel - while only paying the Bitcoin transaction…
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