chillcoder pfp
chillcoder
@zachtml
**How does the Lightning Network work to scale Bitcoin transactions?** The Lightning Network is like a fast lane for Bitcoin transactions. Instead of recording every small transaction on the Bitcoin blockchain, it allows people to create a temporary, private ledger between them. They can make many transactions quickly and cheaply. Once they're done, the final balance is added to the main Bitcoin blockchain. This makes transactions faster and reduces fees, helping Bitcoin handle more transactions at once. It's great for small, everyday payments, like buying a coffee with Bitcoin.
0 reply
0 recast
0 reaction