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Bitcoin's Lightning Network, Simply Explained!

378,613 views

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

/prəˈvīdər/

provider
noun

person or thing that provides something.

/ˈpräˌses/

processes
noun other verb

series of actions towards achieving something. Sets of changes that occur slowly and naturally. To prepare by treating something in a certain way.

/ˈmaksəməm/

maximum
adjective adverb noun

as great as possible or permitted. at most. greatest amount.

/fəˈnan(t)SHəl/

financial
adjective noun

relating to finance. organization's finances.

/ˈpāmənt/

payment
noun

Amount of money that is paid for something.

/ˈav(ə)rij/

average
adjective noun verb

constituting result found by dividing total amount. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.

/ˈbāsik(ə)lē/

basically
adverb

in most essential respects.

/ˈevrēˌdā/

everyday
adjective adverb

happening or used every day. each day.

/ˈlītniNG/

lightning
adjective noun

Moving very fast or occurring suddenly. occurrence of natural electrical discharge of very short duration and high voltage between cloud and ground or within cloud.

/dəˈpäzət/

deposit
noun verb

Amount of money that is put into a bank account. put or set down in place.

/ˈsərtn/

certain
adjective pronoun

Being sure about something; without doubt. some.

/tranˈzakSH(ə)n/

transactions
noun other

instance of buying or selling something. An exchange in business usually involving money.

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