The Lightning Network (LN) has made some significant strides throughout 2018. Evaluating just how far Bitcoin’s second layer has come since its launch reveals some impressive developments and a sizeable increase in adoption. With currently more than 18k open channels and nearly 487 BTC total within those channels, the LN is poised for expanding further as a viable P2P payments network.
However, the LN still faces some notable hurdles before it can achieve its full potential and garner further adoption by merchants and users alike. Navigating the problems around rebalancing LN channels and the development of its design space should prove vital steps in the future adoption of the network, and some intriguing solutions are being proposed.