Future of Bitcoin

Technology moves forward.

As the “Blockchain Development Trends 2021” report shows, bitcoin is one of the top blockchains with active development (monthly active developers, weekly code commits).

Lightning Network: a “layer 2” payment protocol on top of Bitcoin to enable fast transactions and solve the scalability limitations. While already in use by the country of El Salvador since 2021, the next few months in 2022 will bring a break through. The strike.me company will bring this payment system to 400.000 physical shops in the USA including McDonald’s and Walmart, and to the Shopify online ecosystem.

Transition from proof-of-work to proof-of stake consensus mechanism, to reduce energy consumption by 99%. Unlikely as of now, but not impossible. https://bitcoinmagazine.com/technical/bitcoin-will-never-change-to-proof-of-stake


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