Cryptocurrency Q&A Is BTC Lightning same as BTC?

Is BTC Lightning same as BTC?

GeishaCharm GeishaCharm Mon Nov 04 2024 | 7 answers 1359
The user wants to know if BTC Lightning is the same as BTC. They might be confused about the difference between the Lightning Network, which is a layer 2 solution built on top of the Bitcoin blockchain to enable faster and cheaper transactions, and BTC, which refers to the native token of the Bitcoin network. Is BTC Lightning same as BTC?

7 answers

CryptoTitan CryptoTitan Wed Nov 06 2024
The Lightning Network operates similarly to the Bitcoin Network.

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KimonoElegance KimonoElegance Wed Nov 06 2024
Both networks consist of computers, referred to as nodes, that run specific software.

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CryptoWizard CryptoWizard Wed Nov 06 2024
The Lightning Network software is distinct from Bitcoin's blockchain software.

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ZenMind ZenMind Wed Nov 06 2024
Transactions conducted on the Lightning Network are not visible to the public.

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Martino Martino Tue Nov 05 2024
This is a stark contrast to Bitcoin, where transactions are recorded on the blockchain.

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