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Bitcoin's Lightning Network, Simply Explained!

Simply Explained
484K subscribers
493K views 7 years ago #scaling #crypto #bitcoin
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:   / savjee   Facebook:   / savjee   Blog: https://savjee.be ❤️ Become a Simply Explained member:    / @simplyexplained   -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-e... #bitcoin #crypto #blockchain #scaling #simplyexplained ...more
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Bitcoin's Lightning Network, Simply Explained!
13KLikes
493,307Views
2017Dec 12
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:   / savjee   Facebook:   / savjee   Blog: https://savjee.be ❤️ Become a Simply Explained member:    / @simplyexplained   -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-e... #bitcoin #crypto #blockchain #scaling #simplyexplained

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Simply Explained

484K subscribers