The Lightning Network is a network resting on an existing blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... Read More that conducts peer-to-peer transactions. It facilitates individual transactions without necessarily having to record every transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More on the blockchain. The Lightning Network transactions are exceptionally fast. There is typically no waiting for blockA block is a specific type of construct in a blockchain that stores transactional information blocks typically contain transaction information... Read More confirmations. Payment speeds are limited only by your internet connection.