Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

Ryan Gentry, director of business development at Lightning infrastructure firm Lightning Labs, said during his own presentation at Consensus that Lightning is the only network of its kind in crypto. “Lightning is unique,” Gentry said. “There is not, to my knowledge, another widespread payment channel network in the whole crypto space. Lightning is the only one and it’s scaling really well.”