What is the Bitcoin Lightning Network, and how does it work?
The Bitcoin Lightning Network is a Layer 2 scaling solution built on top of the Bitcoin blockchain that uses smart contracts to establish off-chain payment channels between users, enabling nearly instant, low-fee microtransactions without requiring every payment to be recorded on the slower base network. This article is for educational and informational purposes only. It does not constitute financial, legal, or professional advice. Always do your own research and consult qualified professionals before making decisions related to cryptocurrency.