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For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms3 shown

Lightning NetworkA channel-based scaling network built on Bitcoin is a common example of a State Channel-type solution.
MillisatoshiA smaller unit of account used in lightning network payment channels, equal to one part in 100 billion of a bitcoin.
Lightning networkA Layer 2 solution in the Bitcoin ecosystem that uses state channels to process multiple transactions off-chain, typically recording only channel openings and closures on the Bitcoin blockchain.

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Definition

Lightning Network

A channel-based scaling network built on Bitcoin is a common example of a State Channel-type solution.

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