SouthXchange logo
SouthXchange logo

All collections

What is the Lightning Network?

The Lightning Network (⚡) is a payment protocol that operates on top of some blockchains, like Bitcoin and Litecoin. It enables instant payments between participating nodes. That means payments are settled within seconds and you don't need to wait for any confirmation.


Payments must be sent and received using a Lightning Network-enabled wallet, e.g. Phoenix for Android.

Was this article helpful?
Yes
No