⚡Lightning Network on Defiant⚡

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|| Lightning Network is a network used for fast and low-cost BTC exchanges. Currently, the Lightning Network project presents itself as the best candidate to solve the scalability problem of Bitcoin's main network, on the path to true adoption of this cryptocurrency as a global payment system.

Lightning Network (LN⚡)

LN⚡ is independent from the Bitcoin blockchain, but it can still be used for BTC exchanges. LN⚡ can be described as a network of interconnected payment channels that allows the transfer of balances, or BTC, peer-to-peer.

Payment Channels

The proposal of LN⚡ consists of part of the value exchanges being resolved off-chain, where LN⚡ allows for the opening of payment channels between two addresses on the Bitcoin network. These addresses will give up a specific amount of BTC to this channel, which can be reassigned between these two addresses as many times as desired without the need to report the change of balances on the Bitcoin blockchain. If either party already had another open LN⚡ payment channel, it will serve as a bridge to the different people with whom it shares channels, enabling a payment network between all actors, only limited by the BTC capacity defined when opening each of the channels.

|| Currently, there are more than 80,000 open payment channels on the Lightning Network.

On-chain transactions and off-chain transactions

Within the LN⚡ payment protocol, there are only two types of transact

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