The New York Times Can Make More Money With Lightning - Bitcoin Magazine

The New York Times Can Make More Money With Lightning – Bitcoin Magazine

This is an editorial by Ram, a twenty-year-old student, soldier, and storyteller.

Image credits: samchills on Flickr under a CC BY 2.0 license.

To understand why The New York Times made so much money in the past year, it’s worth considering micropayments in the context of the Lightning Network.

We usually think of Lightning as a Bitcoin scalability solution because it makes everyday payments in Bitcoin viable. Basically, Lightning is a protocol built on top of the main Bitcoin network, and here the transaction costs are much lower and payment speeds are much faster. In fact, lightning is very important Even more efficient than Visa and Mastercard.

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