The Lightning Network provides a solution to the problem of delayed payments in traditional finance, where delays can paralyze the system. The core difference of Lightning is that it does not rely on fictitious units like debt (such as fiat systems) but is built on #bitcoin – actual units backed by energy. When issues arise, the Lightning system self-adjusts by closing faulty channels and establishing new ones, ensuring the flow of value is not interrupted.
Instant Payment and Split Payments
#lightningnetwork allows:
Instant Settlement: Work is paid immediately upon completion, detached from the time-based wage model.
Split Payments: Money is automatically divided among all parties involved in a single transaction. This creates a link of interest among collaborating parties (e.g., authors, storytellers, platforms) and increases transparency compared to centralized platforms like Amazon, where authors have to rely on sales reports and receive payments late.
Applications and Impact
Lightning opens up possibilities for streaming value services, where continuous services (such as electricity, transportation) are paid for in small units and in real-time. In the media industry, Split Payments allows sponsors to pay commissions directly based on sales, eliminating upfront advertising costs and breaking the monopoly of sponsorship.
The Lightning Network will promote a more competitive and fair working environment, where performance is rewarded appropriately, completely different from the traditional fixed salary model. For Bitcoin to truly provide financial freedom, the community needs to take action now: build real experiences on Lightning so that people can feel the difference instead of just "preaching" about Bitcoin. #anh_ba_cong
