In Bitcoin, the Lightning Network pertains to the second layer of payment protocol that runs on top of a blockchain
As the name suggests, the Lightning Network works in such a way that it enables fast and scalable transactions between and across participating nodes. The network also features a peer-to-peer system that allows cryptocurrency micropayments. This is done through a network of bidirectional payment channels without having to delegate the custody of funds.
Bitcoin’s Lightning Network is seen by crypto traders, especially those who exclusively trade Bitcoin as the ultimate solution to the issue of scalability of the token.