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"The Lightning Network" is a solution to enable a global payment system that works instantaneously and for little or no cost. With this new technology and infrastructure, we finally have a working method of dealing with micropayments, which are payments of a fraction of a cent that can be sent anywhere around the globe using just the internet and a mobile device. For the first time, we can even stream money in real-time to pay for services as we use them.
In the first of this two-part series, Don takes you through the background of this new technology and gives you two examples of the Lightning Network in action.
The full tutorial covers:
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You don't need to understand the Lightning Network's technical aspects to use and benefit from it. However, I do think that a deeper understanding of Bitcoin, the network and BTC, the digital asset is beneficial for many reasons. So I've added some resources below to help do your own research.
Fountain
Fountain Referral Code in App = 24b56e07a1 [Settings - Refer to Earn - Redeem Code]
Bitcoin and BTC
Beginners Guide to Bitcoin - Part 1 - Audio
Bullish Case for Bitcoin - Spotify Free Audio
Bullish Case for Bitcoin - Medium Free Article
Bitcoin: Beyond the Bubble - Video
The Simplest bitcoin Book Ever Written - Free PDF
Lightning Network
Elizabeth Stark - Lightning Labs - Video
Bitcoin for Billions: Building the Lightning Network with Elizabeth Stark - Video
(2 comments posted)
Thanks for bringing your amazing teaching skills to this subject!
Thanks Fernando, I hope you found it helpful.
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