Bitcoin Lightning network capacity accelerates to 1,500 BTC

The capacity of the Bitcoin Lightning network has broken above 1,500 bitcoin, according to The Block’s Data Dashboard, an amount worth $61.3 million at current prices.

The Lightning network is Bitcoin’s main scaling solution, designed to make it cheaper and faster to send small amounts of bitcoin. Typically payments on the network take just a few seconds and fees start from just 1 satoshi, or about $0.00038, according to Lightning explorer 1ML.

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  1. Earlier this year I looked at running a lightning node, but getting channels set up with trusted peers and locking up BTC all looked somewhat high risk for the return I’d get.

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