Bitcoin

Lightning Network over 1,500 BTC

The Lightning Network, a Bitcoin Layer 2 Scaling Solution Suggestion In 2015 by Josef Boone and Tadeusz Dreja, it has grown a lot in just a few years. Now, the network has made a significant breakthrough in the field of housing More than 1500 Bitcoin In its channels, it is approximately $56.55 million at the time of writing.

How does the Bitcoin Lightning network work

lightning network It is a decentralized Bitcoin scaling solution that strips small transactions between users away from the Bitcoin blockchain. It uses smart contracts to settle the final balance of those payments in the “core layer” of Bitcoin while ensuring that all transactions comply with the rules of the Bitcoin protocol.





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