Let’s talk about the Lightning Network.
When a channel is closed, the final balance is settled back to Bitcoin’s main chain through an on-chain transaction.
Honestly, I hadn’t paid attention to this before either: when depositing Bitcoin to an exchange, check whether you’ve selected on-chain or Lightning Network. The two use different receiving formats, so don’t mix them up.
The Bitcoin circulating on the Lightning Network is still $BTC ; it’s just that most payments don’t need to be written to the blockchain one by one. Current: 76044.64.
Don’t trade with borrowed money. The pressure can push you into making bad decisions.
#BTC
This content is for reference only. Make your own decisions.
When a channel is closed, the final balance is settled back to Bitcoin’s main chain through an on-chain transaction.
Honestly, I hadn’t paid attention to this before either: when depositing Bitcoin to an exchange, check whether you’ve selected on-chain or Lightning Network. The two use different receiving formats, so don’t mix them up.
The Bitcoin circulating on the Lightning Network is still $BTC ; it’s just that most payments don’t need to be written to the blockchain one by one. Current: 76044.64.
Don’t trade with borrowed money. The pressure can push you into making bad decisions.
#BTC
This content is for reference only. Make your own decisions.