Thursday, December 6, 2018

THE NUMBER OF NODES IN THE NETWORK LIGHTNING IS MORE THAN 16 000

THE NUMBER OF NODES IN THE NETWORK LIGHTNING IS MORE THAN 16 000

The Lightning network (launched as a second layer solution to make bitcoin transactions faster and cheaper), after launching in January, is continuously growing and has reached 16,000 nodes.

Now in the Lightning network the number of nodes exceeded 16000, and the number of bitcoins – 450 BTC in the network, which is approximately equal to 1.8 million dollars.

Last month, the number of nodes in the network exceeded to 4070, and network bandwidth have reached 1.64 million dollars or 281.07 BTC. The growth of the network continued through the last four months: for example, in August, the Lightning Network increased by 85%. Given that the network was launched just 1.5 years ago, this is an exponential growth for it.

It is perhaps more useful to consider the past month of LN expansion compared to the time since launch. While open channels have seen a steady increase across the whole year, capacity has exploded in the past month. From around 122 BTC in early November to 460 BTC today, it has increased four-fold over the past month.

The post THE NUMBER OF NODES IN THE NETWORK LIGHTNING IS MORE THAN 16 000 appeared first on Bitcoin News.



from Bitcoin News https://www.cryptocynews.com/number-nodes-network-lightning-16-000/
via Bitcoin News
via Bitcoin News Today

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