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How to Send Large Bitcoin Payments on Lightning

The Lightning Network is considered to be the main solution in the Bitcoin ecosystem to make small BTC transactions viable as it allows the smallest payments to be sent with almost no fees.

In fact, Lightning has come a long way since it was first designed in 2015 and went live in 2018. According to data from Txstats.com, there are now over 88,000 public channels worth over 4,000 BTC.

The bitcoin overlay network has seen significant growth over the past year after receiving global media attention with El Salvador’s adoption of bitcoin as legal tender. The move gave Lightning a lot of legitimacy as the world realized that Bitcoin could actually be used to purchase everyday goods.

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