Bitcoin Lightning Network growth jumps 1,200% in 2 years

A report Since THE Bitcoin only exchange River suggests increase Lightning use will play A key role In Bitcoin become A better AVERAGE of exchange.

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Bitcoin layer 2 Lightning Network has seen A estimated 1,212% growth In two years, with around 6.6 million conveyed transactions In August, A significant leap compared with has August 2021 503,000 transitions, according to has data Since THE Bitcoin (BTC) only exchange River.

In A October. ten report, River research analyst Sat Wouters explain THE leap In conveyed transactions — which to use more that two knots has facilitate A transfer — came despite A 44% autumn In Bitcoin price And considerably less online research interest.

"'Person East using Lightning' should NOW be A dead even, " Wouters said In A October. ten follow up X (Twitter) job, socket A shot has Lightning reviews.

"Person East using Lightning" should NOW be A dead meme.

Launch A new #Bitcoin report Since @River: How THE Lightning Network grown up by 1212% In 2 years ⚡

It is time has pay attention has THE amazing work of SO a lot people In THE space Link below In THE pic.twitter.com/FuGLwGHR4R

— Sat Wouters (@SDWouters) October ten, 2023

River 6.6 million figure For Lightning conveyed transactions East A lower bound estimate — THE the smallest possible value he could assess. THE farm Also coming from August 2021...