Bitcoin's Lightning Network proves to be more efficient and cost-effective than legacy credit card processors.

While traditional on-chain settlement is efficient, Lightning's near-instantaneous transactions and low fees make it ideal for micropayments and web applications.

The Lightning Network settles payments 60,000% to 140,000% more efficiently than credit cards, and its growth and adoption are promising.

The technology's ability to send digital assets across the internet in a trustless manner for almost no cost is a significant development in payment networks, reminiscent of the early days of the internet.

The continued development and adoption of Lightning could bring bitcoin to a billion people.