Lightning Explained for Dummies (Animated!)
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Bitcoin's Lightning Network is a game-changer that allows payments to be fast, cheap, and private. It turns Bitcoin into the number one investment because it has the brand name recognition combined with useability.
Timestamps 00:00 - Lightning Network Intro 01:40 - Layer 2 02:06 - Lightning Channels 03:02 - Multi-signature Wallet 04:08 - Bitcoin Scaling 05:01 - Micropayments 05:55 - Lightning Network Outro
The lightning network works by setting up channels. These channels are connections secured by a multi-signature wallet. This allows a debt to be made without IOUs. Learn more about it and subscribe to our Youtube.
Buy Bitcoin at: http://www.Gate.io/trade/ ... https://www.youtube.com/watch?v=txsQIVE5plo
2022-05-02
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