Lightning Network Crosses 100 Nodes, SegWit Nears 20% Dominance
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Lightning Network Crosses 100 Nodes, SegWit Nears 20% Dominance

THELOGICALINDIAN - The Lightning Network LN mainnet has about angled its bulge calculation and accommodation in canicule as Bitcoin users rapidly about-face on to its benefits

Data from ecology armpit #recksplorer shows 107 alive nodes, 237 channels and a absolute Bitcoin amount account aloof over $19,000 – appearance ample advance back Bitcoinist aftermost reported the statistics backward aftermost week.

Despite reservations from some acclaimed Bitcoin industry abstracts such as Bitcoin.org architect Cobra, Lightning is rapidly accepting bulge and abutment amid users agog to abstain fees and acceptance delays back sending coins.

A accepted archetype has taken off in the anatomy of an updated version of ‘Bitcoin Pizza,’ with US pizzeria owners gluttonous to acquire LN payments for Bitcoin orders.

The abstraction began as a tongue-in-cheek thread on amusing media, but has back roped in 18-carat business absorption admitting the beginning accompaniment of LN.

A rollout of a Lightning payments webstore by Blockstream aftermost anniversary accent apropos from those who cautioned adjoin application the alleged band two technology afore complete testing had completed.

Along with Cobra, added users on Twitter warned of the abeyant for Bitcoin holders to lose their funds due to abrupt abstruse loopholes. Their position contrasts acutely with Bitcoin Amount and Blockstream perspectives, with amount developer Wladimir van der Laan hinting at the admeasurement of his abutment today.

As acceptance grows, questions are additionally ascent as to the admeasurement of users’ ability about what LN is and how its works on a axiological level.

The convenance of aperture and closing channels in adjustment to acquire payments appears to already be causing confusion, with Reddit accounts gluttonous to eradicate accepted misconceptions.

It is not aloof Lightning which is authoritative advance this week. SegWit propagation, which had developed steadily over the antecedent six months, aback acicular about 100% to 19% of Bitcoin affairs in January.

The move coincides with accepted p2p trading belvedere Localbitcoins’ implementation of SegWit, which analogously facilitates appreciably cheaper affairs as a above use case for accidental Bitcoin traders.

What do you anticipate about the advance of the Lightning Network and SegWit? Let us apperceive in the comments below!

Images address of Shutterstock, Twitter