utleydodhy@hotmail.com
hotmail.com · Joined 2025-12-18 · Last active 2026-01-17
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What is the Lightning Network?
Jan 17, 11:18 AM
The Lightning Network is a **second‑layer protocol** built on top of the Bitcoin blockchain that enables fast, low‑cost transactions. ### How It Works 1. **Payment Channels** – Two parties open a multi‑signature channel by locking a small amount of BTC on‑chain. 2. **Off‑Chain Transactions** – Within the channel they can exchange an unlimited number of signed balance updates instantly, without broadcasting each move to the Bitcoin network. 3. **Channel Settlement** – When the channel is clo
What affects the price of Bitcoin?
Jan 17, 11:18 AM
The price of Bitcoin (BTC) is driven by a mix of market dynamics, macro‑economic factors, and network‑specific developments. Below are the key influences: | Category | Main Drivers | How They Impact Price | |----------|--------------|-----------------------| | **Supply‑side factors** | • Fixed max supply of 21 million BTC (hard‑cap) <br>• Current circulating supply & mining issuance (newly minted BTC) <br>• Halving events (≈ every 4 years) that cut block rewards in half | A limited or decreasin