News about Lightning

More / Bitcoin Reddit - 2 years ago

Merchant Lightning Payment

Do merchants save money if they accept Lighting payments through Square, Strike, Muun, Blue Wallet, etc., (as opposed to Visa transactions that charge fees)? If so, how much do they save? submitted by /u/monkofnow [link] [commen...

More / Bitcoin Reddit - 2 years ago

KYC and lightning

I keep hearing that because lightning is off chain, transactions are anonymous vs the L1 blockchain which is pseudonymous. If that's true, is there a way then to cleanse/sanitize KYC Bitcoin using lightning? Ie, convert KYC Bitcoin into what is e...

More / Bitcoin Reddit - 2 years ago

Lightning Network

Lightning Network is a layer-2 solution designed to improve the scalability and efficiency of transactions on the Bitcoin blockchain and other blockchains. Its primary goal is to enable faster and cheaper transactions compared to direct transactions...

More / Bitcoin Reddit - 2 years ago

Dumb question about lightning network

I’m a little confused about the lightning network. I watched a video about getting started they showed using an exchange to buy “lightning bitcoin”. I was previously under the impression that the lightning network was simply a network/2nd layer that...