
In laymen’s terms, the Lightning Network (LN) is a protocol built on top of the Bitcoin, Litecoin, and Monero blockchains; these protocols are called “layer two protocols” because they run on top of an existing network. By moving away from the main chain, layer two protocols help the overall network experience less latency as it
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Source and More information: Scaling Bitcoin: Is the Lightning Network a Viable Solution?
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