How many on-chain tx’s have been avoided the last 3 years bc of the performant Lightning Network?

A fuck load, that’s how many. Years of mempool back up avoided by the LN ✨

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Lol...

Yet the capacity is less than 5000 bitcoins.

You don't think it's actually because of exchanges and ETFs?

My guess is they hold more than LN already.

By a lot probably.

So actually maybe we should congratulate paper bitcoin holders for helping us clear the mempool