Lightning Network Growth Soars: 1,210% Increase in Two Years and 6.6 Million Transactions in August 2023

The rapid expansion of Bitcoins secondary protocol, the Lightning Network, is evident as its growth rate skyrockets to an estimated 1,210% in the last two years. August of this year alone saw approximately 6.6 million routed transactions, a substantial increase from the 503,000 transactions reported in the same month the previous year, according to figures provided by the exclusive Bitcoin exchange, River. Sam Wouters, a research analyst at River, shed light on these findings in a report released on October 10. He noted that this surge in transactions, which involves more than two nodes...



source: https://tokenpost.com/Bitcoin-Lightning-Network-Witnesses-Massive-Surge-in-Usage-Over-Two-Years-10808

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