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With Lightning Network you pay fees once to create a channel and then you can use that channel to make smaller payments for very low or even no fees. Channel ca
by tananaev 9y ago
With Lightning Network you pay fees once to create a channel and then you can use that channel to make smaller payments for very low or even no fees. Channel can stay open for a very long time (e.g. a year). So, you end up paying single Bitcoin transaction fee instead of hundreds, and it also reduces load on the Bitcoin network freeing the block space lowering fees even more.