What is Layer 2 Bitcoin?

The Lightning Network (LN) is a “layer 2” payment protocol layered on top of a blockchain-based cryptocurrency such as bitcoin or litecoin . It is intended to enable fast transactions among participating nodes and has been proposed as a solution to the bitcoin scalability problem.

Sizin İçin Seçtik  What is a layer one protocol?

Leave a Reply

Your email address will not be published. Required fields are marked *