• info@bctinvt.com
  • ‪+44 7947 149719‬
The Lightning Network, Explained

Posted By- Admin

17 Dec, 2021

The Lightning Network, Explained

Bitcoin has a frequently cited problem–scalability.

The Bitcoin network can only handle a certain number of transactions at once, making it take a long time for transactions to go through and impacting the price of fees.

One of the leading causes of the scalability problem is that each transaction must be verified by every node in the network, which requires a lot of computational power and bandwidth.