Bitcoin's Lightning Network Surges by 1,200% in 2 Years
Bitcoin's Lightning Network has witnessed a staggering growth of 1,212% in recent times, with 6.6 million transactions recorded, a substantial increase compared to the 503,000 transactions in 2021, according to separate data from the Bitcoin stream exchange (BTC).
In an announcement on October 10, River's investigative analyst, Sam Wouters, explained the transactional support during execution—a process involving more than two nodes to facilitate transfers—resulting in a mere 44% fee in Bitcoin earnings and many enticing benefits for online transactions.
"'Nadie está usando Lightning' has become a dead meme," Wouters posted on social network on October 10, dismissing criticisms of Lightning's efficiency.
This phenomenal surge underscores the increasing adoption and trust in Bitcoin's Lightning Network, reflecting its potential to revolutionize digital transactions and reshape the future of online commerce. Stay tuned for more updates on this groundbreaking development.
In an announcement on October 10, River's investigative analyst, Sam Wouters, explained the transactional support during execution—a process involving more than two nodes to facilitate transfers—resulting in a mere 44% fee in Bitcoin earnings and many enticing benefits for online transactions.
"'Nadie está usando Lightning' has become a dead meme," Wouters posted on social network on October 10, dismissing criticisms of Lightning's efficiency.
This phenomenal surge underscores the increasing adoption and trust in Bitcoin's Lightning Network, reflecting its potential to revolutionize digital transactions and reshape the future of online commerce. Stay tuned for more updates on this groundbreaking development.
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BTC is trending down!!
