Blockstream Chief Strategy Officer: With the development of chain-based expansion solutions such as Lightning Networks, BTC will not require much on-chain capacity

According to foreign media today, Samson Mow, chief strategy officer of encryption technology company Blockstream, said in an interview that with the development of chain expansion solutions such as Lightning Network (LN), Bitcoin will need fewer chains. capacity. According to Mow, Bitcoin is now equivalent to a 4 megabyte block if it includes transactions using quarantine witness technology. He pointed out that the future situation will show that the current block size may actually be too large.