The Orange Flash of Freedom: Understanding and using the Bitcoin Lightning network

By: Bednár, Juraj

Bitcoin has created digital gold - empowering many people to freely transact using a non-inflationary, non-manipulable hard form of money. The Lightning network builds upon this innovation, offering a fast, scalable payment network, that can be used to instantly send and receive money over the internet. It is a basic protocol of the internet, similar to e-mail for communication, or web for accessing information or apps. Lightning network can be as complex as you need it to be. Installing and using a current generation bitcoin wallet that supports lightning can be learned in under three minutes. This book gives you an overview of various wallets, the inner working of lightning, bitcoin fees, and proposals to make Lightning scale and be an interoperable payment protocol, even beyond Bitcoin blockchain.

Whether you're a beginner or an advanced user, you'll discover that installing and using a modern Bitcoin wallet with Lightning support can be mastered in just a few minutes.

• Format: Paperback
• Language: English
• ISBN: B0D13K122D
• ISBN13: 9798322224136
• Release Date: April 2024
• Publisher: Independently Published
• Length: 212 Pages
• Weight: 0.64 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"