Bitcoin Lightning: How Payment Channels Scale Bitcoin | Deccan, Pune
Discover how the Lightning Network scale Bitcoin for fast, low-cost, global payments.
Bitcoin introduced decentralized money to the world, but how does it scale to handle millions of daily transactions? Enter the Bitcoin Lightning Network.
Join us for an interactive introductory session where we break down the mechanics of layer-2 Bitcoin technology. Whether you are a curious beginner, a developer looking to build on Bitcoin, or a fintech enthusiast wanting to understand the technology behind instant payments, this meetup will give you a solid foundational understanding.
What We’ll Cover
The Need for Lightning: Understand what the Lightning Network is and why Bitcoin needs a scaling layer.
Building on Bitcoin: See how Lightning connects to the base chain and operates as a layer-2 protocol.
Payment Channels 101: Learn what a Lightning channel is and how it enables instant, off-chain transactions.
Inside a Transaction: Step through what actually happens when you send and receive Bitcoin over Lightning.
The Global Mesh: Discover how individual payment channels connect to form a worldwide routing network.
Speed & Cost: See why Lightning enables sub-second settlement and micro-fees.
Security & Settlement: Understand Lightning’s cryptographic security and how transactions ultimately settle on the Bitcoin blockchain.
Real-World Uses: Explore practical Lightning use cases and learn how you can start experimenting with it today (wallets, apps, and tools).
WHO'S GUIDING
Led by Bitshala educators and open-source builders dedicated to onboarding the next generation of Bitcoin developers.
Who Should Attend?
No deep technical background is required! This event is designed for anyone interested in Bitcoin, fintech, layer-2 protocols, or the future of digital payments.
💡 Pro-tip: Download a Lightning wallet (like Wallet of Satoshi, Blitz, Phoenix, Muun or Breeze) on your phone before arriving if you want to participate in the live demo!
About Bitshala
Bitshala is a Bitcoin-focused education initiative where we help developers, designers, and curious builders learn by doing. We run cohorts, clubs, workshops, a hackerspace, and community programs that make it easier for people to explore, contribute to, and build on Bitcoin. Our focus is on hands-on learning, proof-of-work, and growing alongside a community of people who care about open technology, design, and the future of money.
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