What Is the Lightning Network?

DWQA QuestionsCategory: BlockchainWhat Is the Lightning Network?
Editor Staff asked 1 month ago

What Is the Lightning Network?

1 Answers
Editor Staff answered 1 month ago

The lightning network is an off-chain and scalable solution to improve the working of bitcoin. It will bring instant transactions at low or no cost associated with it. Moreover, it will make bitcoin more scalable by taking the majority of the hard work off-chain. The lightning network is in active development and is already being used by many vendors.