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Deep Dive Special: Evolution of the Lightning Network

Executive SummaryMay 10 is the anniversary of the first Lightning Network Transaction in 2017. Today we take a look at the evolution of the Lightning Network. By mid-2026, the Bitcoin Lightning Network has transitioned from an experimental retail-oriented protocol into a mature, institutional-grade global financial infrastructure. This shift is characterized by the network’s ability to handle seven-figure settlements with near-instant finality, the emergence of a machine-to-machine (M2M) economy driven by AI agents, and the integration of fiat-pegged stablecoins via Taproot Assets.Key…

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