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🧵 Thread: Understanding Bitcoin's Lightning Network ⚡
#1/10 Bitcoin's Lightning Network is a "layer 2" payment protocol designed to enable faster and more cost-effective transactions. But how does it work, and why is it important for the future of Bitcoin? Let's dive in. 👇
#9/10 Despite its challenges, the Lightning Network is growing. More nodes and channels are being added every day, increasing its capacity and reliability. It's a glimpse into the future of microtransactions with cryptocurrency. 📈🚀
Stripe is re-entering crypto.
I can't overstate how big this is.
Last time they tried crypto wasn't ready.
This time transactions are cheap & settlement fast.
They're not doing crypto for the hype. They're doing it because it makes sense for their business.
The most important payments company in the world is choosing crypto. Stripe could onboard millions of businesses across 120 countries.
Crypto wallets to the masses.
Unrealized Whales' Profits
“Highlights a significant rise in long-term whales's unrealized profits, suggesting they're holding onto their positions and could impact the market if they start taking profits.” – By @Woo_Minkyu
Full post 👇
https://t.co/UspANdO97Z
10/10 Educate Yourself: Learn about blockchain technology, smart contracts, and crypto security. The more you know, the safer you’ll be.
Stay safe out there! 🔒💰 #CryptoSafetyTips