lightning-network

The Lightning Network is a second-layer payment protocol built on the Bitcoin blockchain. It aims to address the scalability and transaction cost issues associated with Bitcoin by enabling instant, low-cost transactions off the main chain. In essence, it creates a network of two-way payment channels that allow users to transact off-chain, recording them on the main blockchain only when necessary. This improves the scalability of Bitcoin by reducing the load on the main blockchain while providing faster and more cost-effective transactions. It is mainly with the Lightning Network that we carry out micro-transactions and everyday payments. Discover our articles on the Lightning Network