Bitcoin has a 7 transaction/second limit, so how can we overcome this? The Lightning Network is one of the proposals and in this video I'll explain how it works. 💌 Sign up for Simply Explained Newsletter: https://newsletter.simplyexplained.com/ Monthly newsletter with cool stuff I found on the internet (related to science, technology, biology, and other nerdy things)! No spam. Ever. Promise! 💰 Get $10 of free Bitcoin: Use my Coinbase affiliate link, and we'll both get $10 of free Bitcoin when you deposit $100: https://coinbase.com/join/decuyp_9 🌍 Social Twitter: https://twitter.com/Savjee Facebook: https://facebook.com/Savjee Blog: https://savjee.be/ ❤️ Become a Simply Explained member: null -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/bitcoin-lightning-network/ #bitcoin #crypto #blockchain #scaling #simplyexplained