What is Lightning Network? Bitcoin's Scalability Solution

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https://apple.news/AQvbwSrnhQ_61fAgxKCKa1g

Bitcoin has been hampered by its own popularity. Thanks to the way the blockchain is designed, the speed of transactions is slow and the cost of transactions has gone up.

Researchers, developers, and the Bitcoin community have been trying to come up with a way of allowing Bitcoin—and other cryptocurrencies—to accommodate more transactions.

Their best efforts to date have focused around something called the Lightning Network. Can it fix the cryptocurrency’s scaling problems? We find out below.

What is Lightning Network? Bitcoin's Scalability Solution — Decrypt

Lightning Network is a scaling solution that attempts to address Bitcoin's slow transaction speeds and high transaction costs.

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