Although the latest developments related to Bitcoin are disturbing the market, this situation may end soon. Problems with Bitcoin Lightning Network seem to be solved to a great extent. So what is Lightning Network?
Although Bitcoin is the most popular crypto currency in the world, it is not perfect. The price is very volatile, the transfer time lost and high costs among the most bitterly bitcoin problems. But these situations can end in the near future!
Lightning Network is an open source project to reduce the problems and delays in the blockchain. Thanks to a channel created between the sender and the recipient, transfers can be made to the main blockchain network without being charged to the main blockchain network, thus allowing the transfer of high or low amount of Bitcoin to the miners immediately.
Also for users who do not want to create channels, channel owners can provide services. Therefore, the competition environment is formed and the channel usage fees are prevented. When the last transfer between the channel takes place and the channel is closed, all transactions are reflected in the main blockchain network.
This project, which will make it possible to buy coffee with Bitcoin, seems to change the future of Bitcoin to a great extent.
Your friends will pass these troubled days over time.
