Scaling · Modern Bitcoin

Lightning Network

Lightning uses bidirectional payment channels and routed off-chain payments to enable fast, low-value transactions that ultimately settle to Bitcoin.

Context

Why it matters

Lightning uses bidirectional payment channels and routed off-chain payments to enable fast, low-value transactions that ultimately settle to Bitcoin.

Canonical knowledge

What California Bitcoin maintains

Lightning uses bidirectional payment channels and routed off-chain payments to enable fast, low-value transactions that ultimately settle to Bitcoin.

Primary and technical sources

Evidence before assertion

The Bitcoin Lightning Network

Joseph Poon and Thaddeus Dryja

Tier 1 · primary Bitcoin Optech

Bitcoin Optech

Tier — · technical

Related concepts

Continue through the knowledge graph

Payment channels HTLCs Lightning liquidity On-chain versus Lightning

Machine accessAgent-ready

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