The Lightning Network is the network, offering off-chain transactions, bringing numerous benefits to Bitcoin. It is going to be launched in 2018.
Here are top 7 benefits, brought to Bitcoin by Lightning Network.
1. Users can earn interest creating payment channels
2. Dramatically increases transaction speed
3. Nearly free transactions
4. Users will be able to send micro payments as well
5. Is as secure as Bitcoin itself
6. Reduces onchain congestion
7. Allows for more Bitcoin Full Nodes
Sure, it will cause Bitcoin price jump to the Moon as soon as the Lightning Network will be launched.