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According to the Bitcoin Visuals website, the Lighthing network has reached the maximum capacity of 496,798 BTC, or about $ 2 million (about $ 7 million). 8000000).
This year's downtrend seems not to lead to the development of the second layer protocol on the Bitcoin network, the Lightning network, which aims to increase the scalability of transactions, a recurring problem during the 2017 summits where transfers have become slow and expensive due to high demand, resulting in congestion on the network.
Lightning Network is a protocol that works in the Bitcoin blockchain, but separately – making it a fast and economical option for the value transaction, as transactions are not recorded in the blockchain until the channel closes. payment. .
The option came after the problems presented in 2017 and during the year 2018, the solution has demonstrated a constant adoption and growth of its use, as well as developers who 's were striving to make LN more secure and faster. .
The number of payment channels using the Lightning network, which recently reached 14,352 unique channels, also experienced steady growth during this year.
Still wondering how the network can be useful for Bitcoin? Check out a summary of the Bitcoin Guide on how it works.
Keep reading: The use of cryptos in international transactions continues to increase in the world
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