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Business model depends on BTC commerce growth, Alex Bosworth notes

Business model depends on BTC commerce growth, Alex Bosworth notes
Lightning Loop business tied to BTC commerce

Alex Bosworth, Alex Bosworth of Lightning Labs, described Lightning Loop as a business that is closely aligned with the broader success of Bitcoin commerce. According to Bosworth, people only need swaps if the Lightning Network protocol operates effectively, LND is secure and accessible, and wallets are appealing to use. He added that the company's success is tied to helping build a new economy and ultimately to the growth of BTC commerce.

Bosworth has focused on operational issues within Lightning, noting efforts to reduce costs for zero-coordinator nodes in a recent discussion of Lightning Network operations. He has also proposed that merchants and apps could benefit from trusted funding channels using messaging interfaces rather than on-chain enforcement. These initiatives reflect his ongoing work to make Bitcoin payments more efficient and accessible.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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