In reality Lightning is an irrelevance. There are only about 5,000 BTC on the entire Lightning network, which is less than the amount of BTC on Arbitrum (7,780); and there are only about 44k channels, a little over half as many as this time 3 years ago (83k).
I feel like it’s trying to solve a problem that doesn’t exist. How many people want to spend bitcoin vs those who buy it in the hope it goes up and they can then dump it? I’m guess there’s way more of the latter.
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Still slower than the others
LLM slop making unsourced claims.
In reality Lightning is an irrelevance. There are only about 5,000 BTC on the entire Lightning network, which is less than the amount of BTC on Arbitrum (7,780); and there are only about 44k channels, a little over half as many as this time 3 years ago (83k).
https://bitcoinvisuals.com/lightning
Is this adoption here in the room with us?
I feel like it’s trying to solve a problem that doesn’t exist. How many people want to spend bitcoin vs those who buy it in the hope it goes up and they can then dump it? I’m guess there’s way more of the latter.