Send Bitcoin in 1 second for $0.001. The Lightning Network is making BTC usable as daily money. Here is how it works.
Bitcoin mainnet: 10 minutes to confirm, $1–$5 fee. Not usable for coffee payments. Lightning solves this with off-chain payment channels.
Two parties open a payment channel by locking BTC on-chain. They can then transact instantly and cheaply. Only the final balance is settled on-chain.
Strike and Cash App process Lightning payments for millions. El Salvador uses Lightning for national BTC payments. X (Twitter) integrated Lightning tips.
Lightning expands Bitcoin's use case from store-of-value to medium-of-exchange. More utility = more holders = higher long-term price ceiling.
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