In A report published this Wednesday, Fidelity Digital Assets In collaboration with Lightning payment provider Voltage The report was released on the current state of the Lightning Network.
The Report details the various ways that the Lightning Network The company’s growth has been impressive since it was launched in 2018.
It Also, it shows that more and more companies are incorporating Lightning The network will have more channels in 2024 then any other year. Lightning The nodes have been brought online.
Some Key stats included in the article include:
- Total Lightning The capacity in U.S. Dollars has increased by 2,767% from 2020
- Its In the same time period, bitcoin capacity increased by 384 percent
- CurrentlyAll payments made are almost always over Lightning Below 1,000,000 sats are processed in under 1.1 seconds
While The report’s other facts made me feel more optimistic. They made me think about how I perceive the world. Bitcoin You can also find out more about the following: Lightning.
Below Here are the top three things you should take away from this report.
- Lightning The payments industry is gaining momentum Nostr (the world’s largest bitcoin circular economy), as Nostr In the past six months, users have sent more than 3.6 millions zaps.
- Projects Like ARK, there is another Bitcoin Layer Two protocols are illustrated. Lightning has use cases beyond just peer-to-peer channels (ARK allows users to share virtual UTXOs (vUTXOs) with a larger group instead of on a one-to-one basis) can can be built upon in ways many didn’t initially anticipate
- The “HODL” mentality is one the things still slowing Lightning If you adopt, then Bitcoin enthusiasts don’t spend their bitcoin, Lightning The growth rate may be stagnant, causing harm. Bitcoin’s value proposition
So, as we’re here at the beginning of 2025, a year that many think will be big for Lightning, I can’t help but be optimistic to see what sort of traction Lightning In the next 10 month, you can expect to see gains.
It’s high time bitcoin is used more as a medium of exchange — the way Satoshi It was intended that it be.
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