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Gate Learn New Course: A Look at the Lightning Network

작성자 게이트아이오 조회수 29 작성일 23.08.08  15:47
[//]:content-type-MARKDOWN-DONOT-DELETE Gate Learn - A Teaching Platform Dedicated to Providing Knowledge in the Field of Cryptocurrencies, Launches a New Course: [A Look at the Lightning Network](https://www.gate.io/learn/course/a-look-at-the-lightning-network "A Look at the Lightning Network") This course offers an in-depth exploration of the Lightning Network, a Layer 2 solution designed to boost the transaction speed and scalability of the Bitcoin network. You will gain insights into the workings of the Lightning Network, including the process of opening and closing channels, routing payments across the network, the fee structure of the Lightning Network, and the security considerations associated with this Layer 2 solution. The course delves into the process of creating payment channels and transferring payments (Path Finding), illustrating how Bitcoin can be sent through multiple nodes without the need for a direct channel. You will also learn about the fee structure of the Lightning Network and how it achieves low-cost transactions through small fees paid to each node instead of miners. The course further investigates the benefits and challenges of the Lightning Network, discussing its potential in enhancing the scalability of the Bitcoin network, preserving privacy, and handling other types of assets such as stablecoins. At the same time, the complexity of running a Lightning node and the security challenges of the Lightning Network are discussed. You will also get to know about the categorization of Lightning Network wallets into custodial and non-custodial wallets and their pros and cons. The course presents popular wallet choices like BlueWallet, Phoenix Wallet, Muun Wallet, and Breez Wallet, and discusses factors to consider when choosing a wallet. Lastly, the course discusses recent developments and case studies of the Lightning Network, including its implementation in El Salvador and integration with the Nostr protocol. At the end of the course, you will have a comprehensive understanding of the workings of the Lightning Network and how it addresses the scalability issues of the Bitcoin network. An in-depth look at



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