After going through some relevant researches I decided to mainly study some technical aspects, however network was my main aim of understanding which I was able to achieve some basic understanding.
Therefore, a network is said to be a connection of two or more devices linked together with the aim of sending or receiving information, transactions, resources, file exchanges, datas and electronic communications.
Network also has many types depending on the aspect of work.
So I will like to get more understanding of the Lightning Network.? And
What are the main primary purposes of the Lightning Network in Bitcoin transactions?
The Lightning Network is currently an advanced system that we use for payments and transactions for Bitcoin and other cryptocurrencies. You will see that this system makes transactions fast, efficient, and cost-effective, but you do not load any Bitcoin blockchain in this route. The payment is scale-based and it acts as an important layer of the network in Bitcoin transactions so that you can make small transactions very easily. The Lightning Network is basically chain-based, which creates a means of transaction from one chain to another. Through this process, there are two parties who can keep the payment system active without making any transactions on the main blockchain.