What is the Bitcoin Lightning Network? A Beginner’s Explanation

The post What is the Bitcoin Lightning Network? A Beginner’s Explanation appeared first on 99 Bitcoins.

While the Lightning Network is extremely promising as a cryptocurrency game-changer, it’s also pretty complicated. But don’t worry! As always, we’re here to translate this fascinating aspect of Bitcoin into plain English. Since Lightning Networks are anchored to “traditional” blockchains, a solid understanding of the basic workings of blockchain technology is helpful in understanding them. […]