What Is the Lightning Network?

Category: BlockchainWhat Is the Lightning Network?
Editor">Editor Staff asked 2 years ago

What Is the Lightning Network?

1 Answers
Editor">Editor Staff answered 2 years 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.