The Lightning Network (LN) is a payment protocol built on the Bitcoin blockchain and those of other cryptocurrencies. It is intended to enable fast transactions among participating nodes (independently run members of the network) and has been proposed as a solution to the bitcoin scalability problem. It is a peer-to-peer system for making micropayments of cryptocurrency through a network of bidirectional payment channels, without delegating custody of funds. History. Joseph Poon and Thaddeus Dryja published a Lightning Network white paper in February 2015.
https://en.wikipedia.org/wiki/Lightning_Network
The Lightning Network (LN) is a payment protocol built on the Bitcoin blockchain and those of other cryptocurrencies. It is intended to enable fast transactions among participating nodes (independently run members of the network) and has been proposed as a solution to the bitcoin scalability problem. It is a peer-to-peer system for making micropayments of cryptocurrency through a network of bidirectional payment channels, without delegating custody of funds. History. Joseph Poon and Thaddeus Dryja published a Lightning Network white paper in February 2015.
