News
What are the industry use cases of the Bitcoin Lightning Network?
The Bitcoin Lightning Network has been designed as a global payment network. However, unlike traditional payment networks, Lightning not only involves messaging, i.e., the exchange of payment instructions but also immediately involves a final bilateral settlement.
Research
Lightning as a Retail Payment System
In this timeless article from 2020, Galoy co-founders Nicolas Burtey and Chris Hunter shared thoughts on how the layered scaling of Bitcoin and the Lightning Network compares to legacy payment and transaction systems.