The Lightning Network is a Layer-2 protocol developed on Bitcoin's blockchain to address scalability issues by utilizing locally hosted nodes for microtransactions. It aims to enable Bitcoin for everyday use by processing transactions off-chain and bundling them for minimal congestion on the main blockchain.
Despite early endorsements and adoption, concerns have been growing regarding Lightning Network's stagnation and critiques on its capability to entirely resolve Bitcoin's scaling problem. There's a realization that it may not be the definitive solution, especially as criticisms of flaws increase.
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