Lightning Network
A Bitcoin Layer-2 payment network using bidirectional channels to enable rapid, low-cost off-chain transactions.Definition
A Bitcoin Layer-2 payment network using bidirectional channels to enable rapid, low-cost off-chain transactions.Why it matters
Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.Related knowledge
- Bitcoin — term
- Mining — term
- Proof of Work — term
- UTXO — term
Canonical knowledge ID:
glossary:lightning-network