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>this doesn't include the Lightning Network which is where most everyday transactions would occur.

This is something I've never fully understood. Is the Lightning Network essentially a separate ledger of transactions that are "floating", if you will, off chain until (eventually) they get verified at some later time in a "final" state? What is the timing mechanism for when they get verified?




The lightning network is a bunch of running tabs between people which can theoretically route transactions to a destination.


And the “final” destination is what gets verified? Is there a visualization of this model?


Here's a simplified explanation: https://youtu.be/rrr_zPmEiME

If you want a more technical explanation: https://youtu.be/MpfvhiqFw7A


Thanks for this, it's much more clear to me now.




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