Cryptocurrency Q&A What is the use of Bitcoin Lightning?

What is the use of Bitcoin Lightning?

Davide Davide Thu Nov 07 2024 | 7 answers 1255
I want to understand the purpose and functionality of Bitcoin Lightning. How does it work and what are its main applications in the context of Bitcoin transactions? What is the use of Bitcoin Lightning?

7 answers

Nicola Nicola Sat Nov 09 2024
The Bitcoin Lightning Network serves as an innovative scaling solution.

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BonsaiVitality BonsaiVitality Sat Nov 09 2024
It is tailored to facilitate Bitcoin users in conducting transactions swiftly.

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emma_grayson_journalist emma_grayson_journalist Fri Nov 08 2024
Through this network, users can send payments almost instantly.

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PulseWind PulseWind Fri Nov 08 2024
On the Bitcoin blockchain, transaction fees can be lowered substantially.

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CryptoQueen CryptoQueen Fri Nov 08 2024
The Lightning Network enhances transaction processing speeds.

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