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Bitcoin's Lightning Network
Manage episode 327912217 series 3297850
Today I discuss the history of Lightning Network, it's uses, and it's future.
Bitcoin is often known for being slow, and being expensive. Transactions can take up to an huor to be confirmed, which is too long for most cases, not to mention the costs associated with all transactions. That's where Lightning Network comes in, it is a solution built on top of Bitcoin to directly solve the scalability issue by minimising costs and transactions times.
Links:
Podcast - https://www.blockchainandbeyond.co.uk/
Twitter - https://twitter.com/FarzanAkhtar1
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
68 episodes
Manage episode 327912217 series 3297850
Today I discuss the history of Lightning Network, it's uses, and it's future.
Bitcoin is often known for being slow, and being expensive. Transactions can take up to an huor to be confirmed, which is too long for most cases, not to mention the costs associated with all transactions. That's where Lightning Network comes in, it is a solution built on top of Bitcoin to directly solve the scalability issue by minimising costs and transactions times.
Links:
Podcast - https://www.blockchainandbeyond.co.uk/
Twitter - https://twitter.com/FarzanAkhtar1
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
68 episodes
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