The Lightning Network (LN) is a payment protocol built on the Bitcoin blockchain and those of other cryptocurrencies.[1] It is intended to enable fast transactions among participating nodes (independently run members of the network) and has been proposed as a solution to the bitcoin scalability problem.[2][3] It is a peer-to-peer system for making micropayments of cryptocurrency through a network of bidirectional payment channels, without delegating custody of funds.[4]
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