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Bitcoin Lightning Network Explained: How it Actually WorksIntroducing Speed Wallet - Your Effortless Bitcoin Lightning Wallet! Speed Wallet - the Bitcoin Lightning wallet that's so effortless to use. The Lightning Network is a second layer added to Bitcoin's (BTC) blockchain that allows off-chain transactions, i.e. transactions between parties not on the. Lightning Network is a new step in developing the first crypto coin, marking an attempt to make it fast and secure, offering low transaction.