11min chapter

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131: The Value of Community

Self-Hosted

CHAPTER

Unlocking Bitcoin: The Lightning Network Explained

This chapter provides an in-depth look at the mechanics of Bitcoin and the Lightning Network, showcasing their differences and benefits for everyday transactions. It highlights the low fees and speed of Lightning, promoting its potential for efficient micropayments, and examines the implications of Bitcoin mining energy consumption. Furthermore, it discusses practical applications for the Lightning Network, including user-friendly apps and solutions tailored for small businesses.

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