Bitcoin Layer 2 that allows Bitcoin to scale and propose fast and cheap payements
so much information for just a little bit of puzzle answer
Is the gas fees chipper that ln usually transactions
You can check the Binance glossary bro #EmojiGame
he's a newbie. get it?
I asked the question so that we all learn and share ideas #BUILD
You pay once to open a channel, a second time to close it But in between eventually routing fees which is around the 1 sats
It was a genuine question #EmojiGame
I'm not ready for more
Meaning you already knew the answer, stubborn you 😏😏 #EmojiGame
This is confusing
Oukay #EmojiGame
Not really, i wanted to learn
Thanks hun
Its fine. We all learn everyday #EmojiGame
yeah, gaining knowledge each and every day
Since Lightning Network (LN) is a Layer 2, you need to first open a channel to perform transactions inside the layer 2 But this is only if you wanna operate a lightning node You can use stuff like wallet of satoshi for non self custody solution and interact with the LN
Definitely #EmojiGame
Thanks for the information buddy #EmojiGame
Thabks again Hel, Apparently LN is an aid to the transactions
Yes since in theory BTC block are capped to 1mb (in practice it can go as up as 4mb) so the number of tx is also limited, hence the LN as a scalability solution for Bitcoin
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