85% of crypto owners in Germany use Bitcoin, but how do they get it?
-
Loading... - Laura Timko
- 13 Oct 2022
- 103 Views
- 0 Like
- 0 Comment
Bitcoin is the most famous and widely used crypto, and over the years, the number of merchants and service providers accepting Bitcoin has grown exponentially.
As the adoption of Bitcoin increases, so does the demand for merchants and service providers to accept Bitcoin as a payment method.
The Lightning Network is one solution that is being developed to help with Bitcoin scalability and make payments much faster and cheaper.
It is a protocol that aims to improve the scalability of Bitcoin by enabling rapid, cheap micropayments that are settled off-chain.
In simple terms, the Lightning Network allows two parties to open a channel between each other.
This channel can be used to make an unlimited number of payments without having to record each one on the blockchain.
El Salvador has adopted Bitcoin as a legal tender and has used the lightning network to make some payments.
Overall, Bitcoin is gaining more and more traction every day, and it seems that the future looks bright for this cryptocurrency. Read More...
