05 Apr 2022
The State of Lightning Volume 2Adoption is rising quickly, and the use of Lightning is growing much faster than what the public numbers show.
The Lightning Network represents a solution to Bitcoin's slow throughput without compromising the security of the Bitcoin Network. Utilizing the Lightning Network, millions of people can send fractions of a bitcoin at instant speed—at the same time.By gathering actual transaction data to estimate the use of the Lightning Network, we observe that adoption is rising quickly.
- The number of payments has roughly doubled over the last year
- The value of the payments has increased by more than 400%, measured in US dollars.