Binance to adopt LightningNetwork to tackle this problem related to Bitcoin
[BTC] withdrawals twice due to network congestion. This congestion, coupled with the interruption in withdrawals, created a necessity and prompted the exchange to enable the Lightning Network.
Its primary objective is to enable swifter and more cost-effective transactions by establishing a network of off-chain payment channels.network necessitates blockchain recording, demanding substantial time and computational resources.
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