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Market Cap:
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Cryptopolitan
2023-03-24 07:08:07

What is the Lightning Network in Bitcoin and How Does it Work?

What is the Lightning Network in Bitcoin and How Does it Work?

The Lightning Network is a layer 2 payment protocol built on the Bitcoin blockchain. It was designed to address the scalability issues of Bitcoin and enable fast and cheap transactions between users. The Lightning Network achieves this by creating payment channels between users, allowing them to transact with each other off-chain by leveraging smart contract … What is the Lightning Network in Bitcoin and How Does it Work? Read More »

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