How Lightning Network Scales Bitcoin Payment

The Lightning Network makes Bitcoin the most efficient payment system in the world. But, in basic terms, how does it work?

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We’re going to go over the Lightning Network: how it works, how it makes Bitcoin scalable and how it fits in with the larger Bitcoin network.

But before we talk about the Lightning Network, we need to talk about Layer 1: Bitcoin’s blockchain.

The blockchain is a public ledger that keeps a record of all of the transactions that people make with their bitcoin. So, if you send bitcoin to someone, that transaction is going to appear on the blockchain.

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