Bitcoin is freedom money, a censorship-resistant form of digital cash allowing anyone with an internet connection to send money to anyone else, regardless of

In this Letter From the Editor, Shinobi explores the hard truth that Bitcoin doesn’t scale on-chain - and why the Lightning Network is Bitcoin’s most promising solution for scaling trustlessly and globally.

Lightning is a network of payment channels, where people lock bitcoin into a multisignature address, and update the state of balance distributions off-chain. It’s how we are going to scale Bitcoin.