We Zodeak - The Cryptocurrency exchange development company provides you a blockchain consulting services with a team of experts.
If you need any help regarding blockchain always welcome.What Is Lightning Network?The term lightning network refers to speed.
Earlier days telegram is a solution to communicate in long-distance.
Lightning network is introduced like dialing a speed dial in your phone.
Lightning Network introduces by adding an extra layer to transactions, it will create a payment channel between two parties to increase the transaction speed.
If both parties complete the transactions through a smart contract, they can publish a channel to the blockchain and both balances will be updated on the main chain.AdvantagesThe advantage of creating this network channel is to scalable the transactions much simpler.