What is the Lightning Network?

The Lightning Network (LN) is a layer of technology built on top of a blockchain, and so is often referred to as 'Layer 2' for this reason.

A key objective of Lightning is to offer near instant blockchain transactions at very low costs and high volume. 

The Lightning Network can rapidly scale the number of transactions a blockchain can process per second, and makes transmission of very low value transactions possible.

You can find some cool stats about the Lightning Network here.

Cool, where can i learn more?

Here are some of our favourite resources on Lightning and Bitcoin:

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