Lightning Network | Estateplanning | Vibepedia.Network
The Lightning Network is a decentralized, open-source payment protocol that enables fast, secure, and low-cost transactions on the Bitcoin blockchain. Developed
Overview
The Lightning Network is a decentralized, open-source payment protocol that enables fast, secure, and low-cost transactions on the Bitcoin blockchain. Developed by Joseph Poon and Thaddeus Dryja, it aims to solve the scalability issues of Bitcoin, allowing for instant transactions and increased adoption. Companies like Blockstream, Lightning Labs, and Bitrefill have contributed to its development, while influencers like Andreas Antonopoulos and Nick Szabo have promoted its potential.