Lightning NetworkThe Lightning network is a network resting on an existing blockchain that conducts peer-to-peer transactions. It facilitates individual transactions without... Read More is a network that sits on top of a blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More to facilitate fast peer-to-peer transactions. It allows individuals to transact without having to record every transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More on the blockchainA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by.... True to the name, Lightning transactions are lightning fast. There’s no blockGroups of data within a blockchain. On cryptocurrency blockchains, blocks are made up of transaction records as users buy or sell... Read More confirmations to wait for – payments can be made as fast as your internet connection will permit.
