Bitcoin Lightning Network Reaches All-Time High Capacity2.25

Efforts to improve the scalability of Bitcoin appear to be bearing fruit as the Lightning Network, a second layer off-chain scalability solution on the network designed to handle vast transaction throughputs without resulting in high prices has recorded an important milestone. According to data from 1ML, the Lightning Network now has a total of 4,039 nodes at press time, of which a total of 2,914 have public IP addresses.

This marks the first time that the Lightning Network has exceeded 4,000 nodes, at a time when its total network capacity now stands at an all-time high of 134.42 BTC (about $760,454), barely two months after the network capacity figure crossed 100 BTC for the first time ever.

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