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Lightning Network
The Lightning Network is a technology for scalable, instant Bitcoin and blockchain transactions. It enables lightning-fast payments without waiting for block confirmations, offers high scalability for millions of transactions per second, and features low costs for micropayments. It also supports cross-blockchain atomic swaps. It operates as a decentralized network using smart contracts on the underlying blockchain.
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Lightning Network
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Description
The Lightning Network is a decentralized network that uses smart contract functionality in the blockchain to enable instant payments across a network of participants. It allows for high-speed, high-volume transactions with low fees by transacting and settling off-blockchain.Category: Payments
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