GLUΞDToTheSCRΞΞN on Nostr: While a veteran of "tech", I'm only acquainted with "bitcoin basics"... ...

While a veteran of "tech", I'm only acquainted with "bitcoin basics"...
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... it makes no sense to me.

I know SATS are small slices of bitcoin and LIGHTNING is a protocol for exchanging them.

What is the point of many channels and why would you need to balance them?