When scaling solutions are implemented which allow billions of transactions to be made per second we will see an economic engine capable of facilitating business at the speed of thought.

The bitcoin lightning network is an off-chain payment channel that provides instant, high-volume micropayments while removing risk of trusted third parties. Recently, we had the chance to ask one of the inventors, Joseph Poon, a few questions surrounding this new technology and how they are planning to use the lightning network to benefit bitcoin users.