On-chain versus Lightning
On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.
Why it matters
On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.
Key ideas
- On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.
- This topic belongs to California Bitcoin’s scaling knowledge layer.
- Use primary and technical sources where possible, and distinguish protocol facts from market narratives.
Primary and technical sources
Bitcoin Developer DocumentationBitcoin.orgBitcoin: A Peer-to-Peer Electronic Cash SystemSatoshi Nakamoto