Lightning Network Payment Technology Advantages – Bitcoin Magazine

This is an editorial opinion of Yuya Ogawa, a software engineer and co-host of the Diamond Hands community.

This article is based on the content of “Knowledge of lightning“Made by the Diamond Hands community, the largest Lightning Network community in Japan. The report is intended to provide an overview of Lightning’s technology and ecosystem for the non-technical audience.

What’s so special about Lightning Network?

Bitcoin was introduced into this world over a decade ago to enable peer-to-peer payments without the need for a trusted third party. To maintain this censorship resistance, Bitcoin limits its throughput to 1 million vBytes per block, every 10 minutes, making it easy for anyone to run their own node.

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