Transacting parties use the Lightning Network by opening a payment channel and transferring (committing) funds to the relevant layer-1 blockchain (e.g. bitcoin) under a smart contract.

The Lightning Network allows users to send or receive Bitcoin quickly and cheaply by moving transactions off of the main blockchain — you can think of it as being a little like an HOV lane …

Aug 16, 2023 · The Lightning Network is a second layer added to Bitcoin’s (BTC) blockchain that allows off-chain transactions, i.e. transactions between parties not on the blockchain network.

Feb 26, 2025 · The Lightning Network is a second layer for Bitcoin (BTC) that uses micropayment channels to scale the blockchain’s capability and handle transactions more efficiently and …

What is the Bitcoin Lightning Network? Simply put, the Lightning Network is a Layer-2 payment protocol built on top of the Bitcoin blockchain that enables near-instant payments for …

By using real Bitcoin/blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at …

Oct 14, 2025 · What Is the Bitcoin Lightning Network? The Bitcoin Lightning Network is an advanced Layer-2 payment protocol built atop the Bitcoin blockchain. Its primary aim is to …

Dec 1, 2025 · Bitcoin Layer Two Protocol Overview The Bitcoin Lightning Network is an advanced Layer Two payment protocol built directly atop the Bitcoin blockchain, engineered to resolve …

Dec 3, 2025 · Passionate about Bitcoin since 2017, he believes in its potential for human liberty & freedom and the importance of contributing to its development. He created the open-source …

Oct 21, 2025 · What is The Lightning Network? The Lightning Network is a second layer off-chain payment protocol that operates on top of the BTC blockchain. It was developed by Joseph …