Lightning Network | Crack the Orange

Live Demo – Sending Bitcoin with Your Phoenix Wallet

I guide you through the process of sending bitcoin with your Phoenix wallet via the Lightning Network.

Learn how to upgrade your Phoenix Wallet to the new auto channel management.

I explain how the Lightning Network speeds up Bitcoin transactions and reduces fees.

Get a clear, easy-to-understand overview of Bitcoin, Lightning, Liquid, and E-Cash.

I explain how to open a channel and manage liquidity in the Phoenix wallet.

I show how to move funds between Bitcoin, the Lightning network, and the Liquid sidechain.

I explain how the iCloud backup works and discuss the differences to the seed phrase backup in Phoenix wallet.

Learn when to use the Lightning Network and when to choose bitcoin on-chain inside the Phoenix wallet.

I explain the 2023 Replacement Cycling vulnerability of the Lightning network, who was affected, and how you can still use Lightning in a secure way.

I discuss the Lightning Network and Bitcoin's role in Africa.