Key Facts: The Lightning Network
Amounts on the Lightning Network can be denominated down to one-thousandth of a satoshi (a millisatoshi). The protocol’s technical specifications are called BOLTs.
The Lightning Network is an off-chain payment network built on top of Bitcoin. Its white paper was proposed by Joseph Poon and Thaddeus Dryja in 2015.
When depositing bitcoin to an exchange, make sure you choose whether to use the on-chain network or the Lightning Network. They use different receiving formats, so don’t mix them up.
The funds circulating on the Lightning Network are still $BTC ; it’s just that most payments don’t need to be recorded on-chain individually. Current: 80899.99.
#BTC
Amounts on the Lightning Network can be denominated down to one-thousandth of a satoshi (a millisatoshi). The protocol’s technical specifications are called BOLTs.
The Lightning Network is an off-chain payment network built on top of Bitcoin. Its white paper was proposed by Joseph Poon and Thaddeus Dryja in 2015.
When depositing bitcoin to an exchange, make sure you choose whether to use the on-chain network or the Lightning Network. They use different receiving formats, so don’t mix them up.
The funds circulating on the Lightning Network are still $BTC ; it’s just that most payments don’t need to be recorded on-chain individually. Current: 80899.99.
#BTC