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Bitcoin Lightning Network Payment Gateway Development Company

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Developcoins Team
Bitcoin Lightning Network Payment Gateway Development Company

Every day, more merchant from across the world express more interests in accepting cryptocurrencies such as Bitcoin.

The Lightning Network is nothing but it is a second-layer protocol that operates on top of the Bitcoin Blockchain to enable instant, low-cost micropayments.

However, as the reputation of bitcoin continues to grow, more transactions will need to be processed each and every second (so bitcoin can approach the capacity of Visa or Mastercard, which process hundreds of thousands of transactions per second).

Using the Lightning Network, users will be able to send bitcoin transactions to each other on a second layer above the Bitcoin Blockchain.

The unique details of their transactions will not be recorded personally on the Bitcoin Blockchain.

This is not mandatory, but it incentivizes miners to process their transactions faster.

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