Bitcoin (BTC) Lightning Network Capacity Increases Rapidly

According to data from The Block’s Data Dashboard, the capacity of the Bitcoin Lightning network has exceeded 1,500 Bitcoins, worth $61.3 million at current prices.

According to data from The Block’s Data Dashboard, the capacity of the Bitcoin Lightning network has grown to over 1,500 Bitcoins, worth $61.3 million at current prices.

Lightning Network is Bitcoin’s main scaling solution designed to make sending small amounts of Bitcoin cheaper and faster. According to Lightning explorer 1ML, payments on the network usually take a few seconds and fees start at just 1 satoshi , or about $0.0038.

The network has been growing rapidly since January when its capacity was as low as 1,040 Bitcoins. It took three years for the network to rise significantly above 1000 Bitcoins, and only after six months after that it had increased by about 50%.

According to 1ML, the number of nodes in the network increased to 21,567. However, only 12,040 of them have online and active channels. There are now more than 50,000 channels connecting nodes across the network.

The Lightning Network gained more attention as the El Salvador government made Bitcoin a legal currency. The Lightning network is already popular in the country, with Lightning-enabled apps like Strike and Bitcoin Beach topping the Google Play Store’s local rankings .

Write a Comment


Cevabı İptal Et

Comments (10)

  1. 201026 742474Superb editorial! Would like took pleasure the specific following. Im hoping to learn to read a whole lot a lot more of you. Theres no doubt which you possess tremendous awareness and even imagination. I happen to be really highly fascinated making use of this critical details. 917922

  2. I am truly thankful to the holder of this web site who has shared this enormous paragraph at here.

  3. My brother recommended I may like this web site.

    He was totally right. This publish truly made my day.
    You can not imagine just how so much time I had spent for this information! Thank you!

  4. If some one wishes to be updated with newest technologies after that he must be pay a visit this site and be up to date everyday.

  5. I just couldn’t depart your web site before suggesting that I really loved the usual information a person supply in your visitors?
    Is going to be again frequently to inspect new posts

  6. I used to be able to find good information from your articles.

  7. I am sure this post has touched all the internet viewers, its really really pleasant
    article on building up new weblog.

  8. Hmm it looks like your site ate my first comment (it was super long) so I guess I’ll just sum it up what I wrote and
    say, I’m thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m
    still new to the whole thing. Do you have any tips for newbie blog
    writers? I’d certainly appreciate it.

  9. Very good blog you have here but I was wanting
    to know if you knew of any user discussion forums that cover the same topics talked about here?
    I’d really like to be a part of community where I
    can get advice from other experienced people that share the same interest.
    If you have any suggestions, please let me know. Many thanks!

Leave a Reply to kMs3s Cancel reply

Your email address will not be published. Required fields are marked *