The Lightning Network is a hard and fast of software program protocols that allow the development of a second-layer fee answer on pinnacle of the Bitcoin blockchain.
The reason of this gadget is to facilitate speedy and reasonably-priced micropayments among users, whilst nevertheless retaining a low transaction fee.
The Lightning Network works through setting up an immediate connection among parties, called layers.
The layers talk without delay with every other, while not having to undergo a crucial server or some other middleman. The handiest requirement for the usage of the community is gaining access to each facets of the connection.