A Neural Network Is Developing Between Bitcoin Lightning Network Nodes
The topography that is emerging on the Lightning Network seems to be mimicking many things we find in nature.The below is a direct excerpt of Marty's Bent Issue #1109: "A neural network is developing between Lightning Nodes." Sign up for the newsletter here.Above is a visualization of the current Lightning Network topography made up of ~16,000 Lightning Nodes with ~140,000 payment channels opened between them. I don't know if I'm simply being duped by some visualization magic, but I can't help but think that we are all witnessing the emergence of something massive. Something that will have....
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Despite the recent downtrend, bitcoin has been experiencing increased adoption on a larger scale. From El Salvador buying the dip to lightning network adoption going up, the digital asset has not been doing too bad. The most recent indication of increased bitcoin adoption has come in the form of bitcoin lightning network nodes. Data shows that these lightning nodes have recorded a significant uptick in the last three months. Bitcoin Lightning Nodes Increase Since its launch, the bitcoin lightning network has seen slow but steady adoption. Mostly, the need for a lightning network had not....
More companies are developing services to make the Lightning Network more accessible for users, such as providing liquidity and operating nodes.
Bitcoin’s Lightning Network has more than 10,000 operating nodes, nearly doubling within a year.
The Lightning Network is one of the most bullish developments that the Bitcoin ecosystem has seen so far. And all the available metrics point up, a healthy and vibrant network is brewing. However, investor Kevin Rooke took a deeper look and found out that the Lightning Network is probably even bigger than previously thought. “Inaccurate comparisons and privacy preserving features make it hard to truly understand how big the Lightning Network is.” Related Reading | Bitcoin Lightning Network Reaches Record Capacity What does Rooke mean by that? Let’s find out. The Lightning Network By....
For the vast majority of Bitcoin Core contributors, the Lightning Network is viewed as the best option for scaling Bitcoin to many millions of new users. But the system has not yet been implemented on the Bitcoin blockchain, which has left many to wonder whether it is wise to put so much hope and reliance behind an untested solution. At a recent event at the Coinbase offices in San Francisco, Lightning Network creators Joseph Poon and Tadge Dryja gave a presentation on their design for scaling Bitcoin via a generalized network for payment channels. During their talk, Dryja and Poon....