{"id":11463,"date":"2024-03-11T10:05:25","date_gmt":"2024-03-11T08:05:25","guid":{"rendered":"https:\/\/forklog.com\/en\/lightning-network-capacity-reaches-new-dollar-high\/"},"modified":"2024-03-11T10:05:25","modified_gmt":"2024-03-11T08:05:25","slug":"lightning-network-capacity-reaches-new-dollar-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lightning-network-capacity-reaches-new-dollar-high\/","title":{"rendered":"Lightning Network Capacity Reaches New Dollar High"},"content":{"rendered":"<p>The total value of cryptocurrency locked in Bitcoin&#8217;s Lightning Network (LN) micropayment system has reached a record $312.4 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"400\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1024x400.png\" alt=\"BitcoinVisuals.com_chart-1\" class=\"wp-image-227896\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1024x400.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-300x117.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-768x300.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1536x600.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/bitcoinvisuals.com\/ln-capacity\">Bitcoin Visuals<\/a>.<\/figcaption><\/figure>\n<p>Over the past 30 days, amid a rally in digital gold, this figure has increased by approximately 30%.<\/p>\n<p>In physical terms, the number of bitcoins in L2 network channels has decreased by ~5% during this period, down to 4566 BTC. This is about 17% less than the peak reached in April 2023.<\/p>\n<p>The number of nodes in LN has remained relatively stable in recent months, fluctuating between 16,000 and 18,000.<\/p>\n<p>Meanwhile, the number of channels is steadily declining, with the share of reused ones consistently below 10%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"400\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1-1024x400.png\" alt=\"BitcoinVisuals.com_chart-1-1\" class=\"wp-image-227897\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1-1024x400.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1-300x117.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1-768x300.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1-1536x600.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/BitcoinVisuals.com_chart-1-1.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/bitcoinvisuals.com\/ln-channels\">Bitcoin Visuals<\/a>.<\/figcaption><\/figure>\n<p>In September 2023, Lightspark CEO and former head of Meta&#8217;s blockchain division, David Marcus, stated that LN could resolve the resource-intensive process of sending money across borders and bring global payments out of the &#8220;fax era.&#8221;<\/p>\n<p>Back in October, Bitcoin Core developer Antoine Riard left the LN team, citing a critical network vulnerability. He urged his former colleagues to &#8220;wake up&#8221; and address security issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total value of cryptocurrency locked in Bitcoin&#8217;s Lightning Network (LN) micropayment system has reached a record $312.4 million. Data: Bitcoin Visuals. Over the past 30 days, amid a rally in digital gold, this figure has increased by approximately 30%. In physical terms, the number of bitcoins in L2 network channels has decreased by ~5% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1179,325],"class_list":["post-11463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-layer-2-solutions","tag-lightning-network"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11463"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11462"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}