Bitcoin Lightning Network Report
The Bitcoin Lightning Network is a decentralized system that enables fast and low-cost transactions. The current state of the network is as follows:
The number of nodes on the network is 16860.
The number of channels on the network is 43893.
The average capacity of each channel is 0.1090 BTC, which is equivalent to approximately $9591 USD.
The total capacity of the network is 4785.9161 BTC, which is equivalent to approximately $422 million USD.
Here is a summary of the key statistics in a table format:
Node count: 16860
Channel count: 43893
Average channel capacity: 0.1090 BTC ($9591 USD)
Total network capacity: 4785.9161 BTC ($422 million USD)
Some key points to note about the Bitcoin Lightning Network include:
* Fast transaction processing times
* Low transaction fees
* Decentralized and trustless system
* Growing number of nodes and channels
Images/ Links: None
#bitcoin #lightningnetwork #cryptocurrency #blockchain #bitcoinprice #lightning #btc #cryptotrading