Lightning Network
A Layer 2 payment protocol built on top of Bitcoin that enables near-instant, low-fee micropayments through off-chain payment channels.
Frequently Asked Questions: Lightning Network
What is Lightning Network?
A Layer 2 payment protocol built on top of Bitcoin that enables near-instant, low-fee micropayments through off-chain payment channels.
Why is Lightning Network important in cryptocurrency?
Lightning Network is a key concept in the cryptocurrency and blockchain ecosystem. Understanding Lightning Network helps investors, developers, and users navigate the digital asset space more effectively.