“Nobody is using Lightning” should now be a dead meme.

Launching a new Bitcoin report from nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en: How the Lightning Network grew by 1212% in 2 years ⚡

It’s time to pay attention to the incredible work of so many people in the space.

In this report:

- How many transactions on Lightning

- How much volume

- How many users

- Industry overview of 173 companies

- Funding overview

- River-specific insights

- Why are companies interested in Lightning

- Growth accelerators

And yes, an executive summary 😉

You can find the report here https://blog.river.com/the-lightning-network-in-2023/

It would mean a lot if you could share this post and/or the report 🧡

I'll be sharing this report at The Bitcoin Conference in Amsterdam in 2 days!

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Discussion

🙌⚡️

Its easy to do more lightning transactions then a lifetime of fiat transactions whether cash, ach, wire, visa, mastercard, etc.

Lightning can replace all of them

Funny, I opened Nostr to check whether someone else has LN problems right now. A 800k tx I just sent is queued for more than 9 minutes now 😮

nostr:nevent1qqs8ap8ywlhjn5hghfumtfkpefksr8p509q473zpyrmgzjrrh8jly9spz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzqcal6yph28n6xf8ejj243svafyam4v3dczykvc9rldlytnwqc2vzqvzqqqqqqyhge6gd

One of the best things we did years ago was to switch from Kraken to River. Our #bitcoin fees have been put to good use. Vote with your sats. ⚡️

Great piece Sam!

Awesome work! Reposted 🤙🫂

Testing 1 2 1 2

Testing 1 2

#VISA #MASTERCARD

Hahahaha.

Hey Sam,

the App 10101 is a fully non custodial DLC Trading app based on LDK and BDK. So there is a small error on page 21. 😊

https://10101.finance/

My bad, I’ll make a note to fix this, thank you.

Who do you think signed that message as Satoshi saying something to the effect of " lighting is an major improvement but we need more " blah blah blah Craig wright is a lier something something like that you remember??

The image is 🔥 ⚡️ 🥵 💯

nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en

"Updated version of the Lightning Industry map for our new report, now 179 companies. There were a few mistakes in the first version,"

"The Lightning Network Grew by 1212% in 2 Years" report below:

#bitcoin #lightning

nostr:nevent1qqs8ap8ywlhjn5hghfumtfkpefksr8p509q473zpyrmgzjrrh8jly9sprfmhxue69uhhyetvv9ujumn0wd68y6trdpjhxtn0wfnsygrrhlgsxag70geylx2f2kxpn4ynhw4j9hqgjenq50ahu3wdcrpfsgpsgqqqqqqswc3n4a

Thanks Sam. This is excellent, I am getting tired of the trash talking about the LN. It is still a toddler, perhaps crawling but distractors don't think it will walk let alone RUN like we think it will.

Thanks River/Strike and the other countless projects being built behind the scenes using the LN. (e.g. MSTR and BLOCK?).

Infancy.

Reading through this now. Very interesting data. I love how difficult it is to get actual numbers due to private channels.

I did notice on page 21 you include Blixt wallet as custodial but they are a non-custodial lightning wallet.

Yeah it has been fixed along with a bunch of others. I forgot to categorize a few wallets after first just listing all the others. Still need to upload the new version to the report but the map is already on socials.

Nobody on Nostr thinks that "lightning is dead", but if you venture over to Shitter/X and look around you will find that this misconception is alive and circulating.

nostr:nevent1qqs8ap8ywlhjn5hghfumtfkpefksr8p509q473zpyrmgzjrrh8jly9sppamhxue69uhkummnw3ezumt0d5pzqcal6yph28n6xf8ejj243svafyam4v3dczykvc9rldlytnwqc2vzqvzqqqqqqyr7j00c

“Lightning is dead,” said the tech startup founders with competing ideas.

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx alone is like 8% of that every morning on nostr 🫡

Wow big shout out to my crypto expert, I invested $1,000 and got back $6,000 just within 6 hours of investing, y’all dm him now and get paid today 🥳🥳nostr:npub1npz7fwhgaw3whad765y90a2gxkeham3jcsnz6n2hszhk9m73vwlq9r6arl