What is the Lightning Network? Understanding Blockchain Fundamentals

The lightning network is built on top of the Bitcoin blockchain, and it uses off-chain transactions to make payments faster and more affordable. This is done by creating a payment channel between two parti-nts, which allows for multiple transactions to be made without having to broadcast them to the blockchain.

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What is the Lightning Network? Understanding Blockchain Fundamentals
The lightning network is built on top of the Bitcoin blockchain, and it uses off-chain transactions to make payments faster and more affordable. This is done by creating a payment channel between two parti-nts, which allows for multiple transactions to be made without having to broadcast them to the blockchain.