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Bitcoin Lightning Network Is Growing Faster Than You Think
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The usage of the Lightning Network is growing faster than seen in the available public statistics, according to Norwegian crypto-focused research firm Arcane Research. As the network is increasingly used for everyday purposes, we could be on a path of Bitcoin (BTC) adoption that will see hundreds of trillions of Lightning transactions each year by 2030, they estimate.
The report, powered by BTC payments company OpenNode and titled The State of Lightning, has aimed to provide “the most comprehensive overview of usage on the Lightning Network seen to date,” per the firm.
One of the major points made in the report is that the Lightning usage is actually growing faster than the public metrics show. Statistics such as total channel capacity and
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