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What is Bitcoin's Lightning Network?

What is Bitcoin’s Lightning Network?

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Despite vital progress lately, the Lightning Network nonetheless faces challenges to beat if it desires to unravel bitcoin’s scalability points. The most demanding difficulty is safety. Because nodes on the Lightning Network are required to at all times be on-line, they turn out to be extra weak to assaults. And whereas the community goals to scale back charges incurred from processing transactions on bitcoin’s primary community, it consists of its personal set of extra prices for opening and shutting channels, together with routing charges. These are points that may probably be solved with time, as its know-how develops and turns into totally optimized.

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