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Bitcoin Lightning Network Statistics Show Signs of Stalling

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Mark Mason

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Bitcoin Lightning Network Statistics Show Signs of Stalling



The Bitcoin Lightning network has shown signs of lost momentum across several statistical metrics.

According to several key metrics pulled from BitcoinVisuals, the Lightning network, Bitcoin’s main off-chain transaction solution touted as a potential remedy to scaling issues, appears to have lost momentum in growth and maturity. It terms of number of active nodes the network experienced consistent growth in the first part of this year, growing from 2,329 at the beginning of the year to 4,120 at the beginning April, approximately a 77% growth over those three months. As of August 19th, the node count stands at 4,744, a much more modest 15% growth over a 50% longer timeframe.


Read more - https://dashnews.org/bitcoin-lightning-network-statistics-show-signs-of-stalling/
 
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