Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network.
From Peak to Plunge: Lightning Network’s Capacity Drops by Over $20M in Just Two Months
The Lightning Network (LN) serves as a second-layer (L2) scaling solution designed to render bitcoin (BTC) transactions more cost-effective and expedited. In lieu of registering every transaction on the Bitcoin blockchain, LN users establish a mutual “channel” for transaction purposes. Only the opening and closing balances of channels are documented on the blockchain. This year marked an all-time high for LN capacity or the total value locked (TVL) in open channels.
The LN capacity hit 5,468 BTC on July 6, 2023. Nonetheless, subsequent to this milestone, a substantial amount of BTC was removed in one of the largest declines since tracking
We współpracy z: https://news.bitcoin.com/lightning-network-sees-sharp-14-decline-in-capacity-after-hitting-peak/
