The Lightning Network is a second layer for Bitcoin (BTC) that uses micropayment channels to scale the blockchain’s capability and handle transactions more efficiently and more cheaply.
The Lightning Network is a second layer for Bitcoin (BTC) that uses micropayment channels to scale the blockchain’s capability and handle transactions more efficiently and more cheaply.
Layer 1 and Layer 2 blockchains are terms used to categorize different types of blockchain architectures based on their functionalities and roles in the overall blockchain ecosystem. Here is RR2 Capital’s brief explanation on the differences between the two.
