If you are a Bitcoin enthusiast, you have heard of it, but do you know how the Lightning Network works? Here is an intro by JoeNakamoto
and over the past four years, it has become a reliable payment network and is popular in El Salvador, the Isle of Man and Gibraltar:the LN is so important. He told Cointelegraph,"In Senegal, we have an economy of 50 FCFA. That is to say that the Senegalese of the working and proletarian class, who represent the majority of the population, buy, for their breakfast, 50 FCFA of milk, sugar, coffee, water, and many other basic products.
"Microtransactions are our economic reality. For Bitcoin to become the standard in the years to come, and in our economies, the lightning network would have to have enough capacity to support these microtransactions." Nicolas Burtey, CEO at Galoy, was one of the first to celebrate the 5,000 Bitcoin achievement. Burtey told Cointelegraph that the adoption of Bitcoin in El Salvador was the tipping point for the Lightning Network. This is where all metrics really started to take off." He joked,"The bill should have actually been called the Lightning Law!"
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