Tom Brook
16 Nov 23:11


Category- Business - 3 - The lightning network – different layers of Cryptocurrency




Content – 
The crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations amongst investors but the coin is nevertheless a ''digital gold''. And to the question of whether bitcoin is a multilayered system, it should be known that bitcoin exists on two main layers. These are the mining and the semantic layers.
The lightning network
You've probably not heard of the lightning network. This is the latest invention being rolled out by the bitcoin community. This layer will have the ability to run on top of bitcoin. With this invention, there will come an application layer that is on top of bitcoin. It will be so exciting. The most interesting aspect is that its value can also be used to make payments. This will be made possible by transporting its value between people. With the invention of the lightning network, bitcoin will become a transport layer as well as an application layer. 

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