What is Lightning Network and how does it work?

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The Lightning Network could make it faster and cheaper to exchange bitcoin and other cryptocurrencies. So how does it work?

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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Can I add more bitcoin to an opened channel?

VenaMarissa
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lower the music and increase the voice over

boriss
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1 hour to open a channel and 1 hour to close the channel, sounds lightning fast. But I'm going to stick with Bitcoin Cash

jimjones
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Instead of paying the miners that secures the underlying network you to get to pay Blockstream and the hubs.

debtpeon
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"Hoping to make payments faster and cheaper". Just use BCH 👍

seano