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Forced Bitcoin Lightning Network Exits Can Be Cheap but Take Days to Complete

(2 hours ago) · 1 source · Summarized by CryptoBipto

Research or analysis has highlighted that while forced exits from Bitcoin's Lightning Network can be inexpensive in terms of fees, users may still face multi-day waiting periods before their funds are available on the main Bitcoin blockchain. This trade-off between cost and time is an inherent aspect of how Lightning Network payment channels work.

WHY IT MATTERS

Think of the Lightning Network like a tab at a bar.

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SOURCES

  • cryptoslate.com

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