3 ms·
I don't follow the day to day, and it has been years since I contributed any code, but a quick peek at the lightning network stats makes me think that everythin
by tal8d 6y ago
I don't follow the day to day, and it has been years since I contributed any code, but a quick peek at the lightning network stats makes me think that everything is fine. Good organic growth, with over 1000 BTC presently in flight. A lot of people seemed to be under the impression that the off chain networks would take center stage, and the blockchain would quietly power it from behind the scenes - but I'm pretty sure the direct opposite will occur. As far as why there hasn't been an explosion in network activity: I guess there isn't enough pressure. Every so often there is a spike that gets people up in arms, then it quiets down and they forget. Larger wallets will eventually start moving transactions off chain, but they've obviously got as much enthusiasm about it as they did in updating their backends to take advantage of space saving changes in the protocol. But once its done, its done.
https://bitcoinvisuals.com/ln-capacity https://bitcoinvisuals.com/ln-capacity