The first Lightning network transaction took place 6 years ago. At the time, it was a highly specialized and technical operation which only developers could perform.

Today, the Lightning network is easier to use than ever. There are lots of non-custodial mobile wallets which don’t require a node, it’s easy to run a node yourself, and the reliability is better.

Nonetheless, there are still routing issues which result in occasional failed payments and the liquidity is still small. Despite being 6 years old, the Lightning network is still in the early days.

Listen to S13 E14 of the Bitcoin Takeover Podcast to learn more about Lightning Network and how a project named Stroom is trying to increase liquidity in a rather unorthodox way ⚡️

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