You might be wondering what the Lightning Network is and how it seemingly offers free and instant bitcoin transactions. In this video, we explain how the Lightning Network is a layer 2 scaling solution for Bitcoin and how it utilizes payment channels to create (almost) free and (almost) instant transactions.

Join our exclusive discord community:
https://discord.gg/D7hGbB5AuH

Explore More Whiteboard Crypto:
Facebook: @whiteboardcrypto
Instagram: @whitreboardcryptoteam
Website: www.whiteboardcrypto.com