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Companies For Bitcoin Lightning Liquidity

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The Lightning Network is a second layer built on top of the Bitcoin Network that allows for transactions to happen more quickly and efficiently without the need to wait on blocks being confirmed on-chain.

To circumvent the need to wait for on-chain confirmations for each transaction, node operators open payment channels to other nodes with a chosen amount of bitcoin going into the channel. This initial transaction is confirmed on chain, but once a channel is opened, payments can move seamlessly through payment channels across nodes throughout the network.



First published here

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Mr Bitcointe
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“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
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