The Ledger
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Back: Raising Bitcoin block size to 1GB would cause network failure
“If we jumped up the block size to a gigabyte now, security would fail, the network would probably fail.”
Back: Lightning Network could scale Bitcoin capacity up to 10,000x
“There's also right now quite active work on this sort of Bitcoin enhancement called lightning, which is a best described as a kind of right caching layer for Bitcoin, which might scale Bitcoin by a factor of a thousand or 10,000.”
Back: Lightning Network implementations will yield results within six months
“There's a GitHub and a development mailing list, and there are now three, I think maybe four companies who've come forward with implementations of the early stages of it, and we're hopeful that we'll see results from that within the six-month time frame.”