Is the Lightning Network used strictly for small transactions between two parties or can one party use it to send a large quantity of BTC (e.g. 35 BTC) to the other party? Is there any advantage to sending large amounts using the Lightning Network vs. using the normal bitcoin Blockchain?
Lightning Network is a Layer 2 scaling solution for Bitcoin, allowing for near-instant and low cost transactions. It is capable of handling large transactions between two parties, such as the 35 BTC example you mentioned. However, due to its architecture, it may not always be the most efficient way of sending large amounts. On the Lightning Network, a party sending funds must first open a payment channel with their recipient, and this does have a fee associated with it. As such, if one is sending a very large quantity of BTC, it may be more cost-efficient to use the normal Bitcoin blockchain.