Bitcoin's Lightning Network, Simply Explained!

Bitcoin has a 7 transaction/second limit, so how can we overcome this? The Lightning Network is one of the proposals and in this video I’ll explain how it works.

💌 Sign up for Simply Explained Newsletter:
https://newsletter.simplyexplained.com
Monthly newsletter with cool stuff I found on the internet (related to science, technology, biology, and other nerdy things)! No spam. Ever. Promise!

💰 Get $10 of free Bitcoin:
Use my Coinbase affiliate link, and we’ll both get $10 of free Bitcoin when you deposit $100:
https://coinbase.com/join/decuyp_9

🌍 Social
Twitter: https://twitter.com/Savjee
Facebook: https://facebook.com/Savjee
Blog: https://savjee.be

❤️ Become a Simply Explained member: https://www.youtube.com/channel/UCnxrdFPXJMeHru_b4Q_vTPQ/join

————–

📚 Sources can be found on my website:
https://www.savjee.be/videos/simply-explained/bitcoin-lightning-network/

#bitcoin #crypto #blockchain #scaling #simplyexplained