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Scaling · Modern Bitcoin

On-chain versus Lightning

On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.

Context

Why it matters

On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.

Canonical knowledge

What California Bitcoin maintains

  • On-chain transactions settle directly in Bitcoin blocks; Lightning transactions occur through payment channels and can later settle on-chain.

Primary and technical sources

Evidence before assertion

Related concepts

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