LIGHTNING NETWORK MACRO
ALL TIME CAPACITY
FLAT AT THE TOP FOR 2 YEARS NOW
BUT
ALL TIME CHANNEL COUNT IS DECLINING
ALTHOUGH
ALL TIME NODE COUNT
STAYS FLAT TOO
MARKET ARRANGING FOR EFFICIENT CHANNEL
UNPROFITable channels get CLOSED
THE STRONG REMAIN
Discussion
⚡ THUNDERBOLT⚡
Purchasing power capacity up 200%
thats correct, another good angel to look at, because i myself was lowering the channel size a lot over the past years.
Makes sense. If your channel is inactive you have stats locked up, at risk, in a hot wallet. And you get nothing. Why wouldn't you wait till fees were low and close those channels?
Or if you have a channel that's active but it's getting sucked down by liquidity sinks or not able to remake its cost in fees. Then again? Why would you not close your channel and use those sets for something more useful?
But if you figured out how to monetize your channel through whatever means? Then keep it open. And watch it be used even more.
I think the big surprise if the lightning network is going to be used by large entities not by small transactions. And a new network will form underneath it for smaller transactions. Chaumian ecash? But then, will we just see that happen again? Perhaps... but at a much higher scale.
Fun..
Isn't it...
yeah its always interesting to watch unfold
i think a fedimint federation with onchain, lightning, ecash and side chains integration with a redundant server setup of 15 to 21 nodes will scale really good and the custodian risk is very minimized !