THELOGICALINDIAN - The Lightning Network LN has anesthetized 1000 alive nodes on its Bitcoin mainnet accomplishing appearance a above anniversary for the ascent solution
Data from monitoring resources appearance 1003 nodes online at columnist time March 12, with a almanac aerial 1892 accessible channels.
The account comes as commentators brainstorm from abstruse advance by LN developers that the aboriginal mainnet adaptation of the agreement may anon see an official release.
Lightning has accomplished significant growth, both on its testnet and mainnet implementations, back these launched in December 2017. Despite criticism from some chief abstracts in Bitcoin, the cardinal of nodes allotment to accompany the networks continues to increase.
At the aforementioned time, criticism is absorption on apropos the agreement is not yet technically able-bodied abundant to handle accumulation user affairs after the abeyant for them to lose funds due to loopholes.
Nonetheless, LN, as an ‘off-chain’ ascent solution, won the acclaim of Microsoft aftermost ages as the computer behemothic said it would favor such solutions over ‘on-chain’ ones such as the bigger blocks proposed by altcoin Bitcoin Cash.
Reacting to the latest news, social media commentators bound acicular to Lightning accomplishing the cheaper and faster affairs which would, they say, accomplish Bitcoin Cash “obsolete.”
For the meantime, however, Bitcoin traders abide chastened in their activity. Two-year lows in transaction confirmations admitting low arrangement fees advance there is little appetence for cashing out as BTC/USD continues to animation amid $9,000 and $11,500.
The mass adoption of SegWit, which to a abate admeasurement additionally decreased fees and transaction times, by Bitcoin Core and above businesses in February analogously bootless to stoke enthusiasm.
More advice about LN for non-technical readers can be begin by afterward this articulation to an infographic created by Duval Union Consulting about how it functions.
What do you anticipate about the Lightning Network casual 1000 nodes? Let us apperceive in the comments below!
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