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Access to Bitcoin's Lightning Network grew from about 100.000 a year ago to 80.000.000 now. A major 79.000% growth!

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by COINS NEWS 157 Views

The Bitcoin lightning network has always been seen as one of the greatest things in Crypto and it really is. It's completly secure, very low fee (a penny max.) and it's also very fast. In just a recent test at CNBC, even they could not get anything bad about it but just some major praise.

Now Arcane research has released a report showing one year ago in August 2021 there were 100k people that had access to the lightning network. Already in two months, in October that grew ten-fold to 10M people as Chivo, Paxful integration happened with the major El-Salvador adoption. Now in March that figure is a sprawling 80.000.000 people having access to it, that's major.

This hyper adoption mainly happened because many application hlgave official access to it. Also the big one being Cash-App and now recently Strike confirmed that with the help of lightning network many mainstream brands will now accept Bitcoin in the US.

That's truely major. Even if it's just Bitcoin it shows how lightning network has become the norm if you want to accept Bitcoin. I have a feeling that lightning network will become a very usual term in the future.

submitted by /u/partymsl
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