Bitcoin Lightning Network Reaches Record Capacity

Bitcoin Lightning Network Reaches Record Capacity

Bitcoin’s second layer payment protocol Lightning Network has been expanding unnoticed by most users. First proposed in 2015 and launched in 2018 as a beta, its adoption and capacity have accelerated during the past few months. The Lightning Network allows users to send fast and low-cost transactions via payment channels. Unlike the Bitcoin-based layer, lightning […]

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Bitcoin Shocker: Lightning Network Capacity Reaches 5,000 BTC

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Bitcoin Lightning nodes and channels hit record highs

The number of Lightning Network nodes has increased 160% over the past 12 months while the number of channels is up 170% since January. The node count for Bitcoin’s leading layer-two solution, the Lightning Network (LN), has spiked to record levels following a surge of adoption.According to on-chain analytics provider Glassnode’s Sept. 27 Week on-Chain report, the number of Lightning Network nodes increased by 160% during September to tag a record high of 15,600. At the end of August, just 6,000 LN nodes were live.The number of channels, or connections between different nodes, on the LN....

Shock And Awe: Bitcoin Lightning Network Capacity Reaches New ATH

The adoption of the bitcoin lightning network has been on the rise for a while now. This was especially pronounced during the multiple bull rallies of 2021. It triggered an accelerated rate of adoption. Thus leading to network congestion due to all of the new users moving in. Naturally, transaction fees had risen while confirmation […]

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The Bitcoin second layer payment protocol Lightning Network has been exponentially increasing its capacity during the past years. Since it was launched in 2018, the network’s capacity has gone from under 1,000 BTC to 1,800 BTC. The Lightning Network was first proposed in 2015 and operates with payment channels to allow users to send and […]