Last update: 28-09-2020
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Digital currency of a decentralized payment network that allows you to transact with anybody worldwide without the need of a bank. Bitcoin is a censorship resistant money with a finite supply that can’t be inflated or controlled by any government, institute or corporation. If you would like to learn more about Bitcoin and the blockchain technology behind it this is a good place to start.
The blockchain is slow and expensive to use, this is necessary to keep the network decentralized and safe. This fact however, makes it not suitable for your day to day transactions like buying a cup of coffee. The lightning network is a second layer on top of the Bitcoin blockchain to make Bitcoin faster, cheaper and more private. Learn more here.
If you’re a merchant and you would like to accept Bitcoin and/or lightning payments in your store then BTCPay server is a great way to facilitate your payments, it’s relatively easy to install and you will be able to process payments without the need of a third party. More info can be found here.