The Lightning Network Grew by 1212% in 2 Years \ stacker news ~bitcoin

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The Lightning Network Grew by 1212% in 2 Years blog.river.com/the-lightning-network-in-2023/

11.7k sats \ 36 comments \ @Rsync25 10 Oct 2023 bitcoin

599 sats \ 19 replies \ @DarthCoin 10 Oct 2023

And this is only talking about what we can "see" on public LN explorers... not counting PRIVATE NODES with private channels, that seems everybody is ignoring them...

355 sats \ 1 reply \ @Rsync25 OP 10 Oct 2023

They always ignore private nodes, they only want public nodes with compliance rule

0 sats \ 0 replies \ @DarthCoin 10 Oct 2023

🎯🎯🎯

10 sats \ 1 reply \ @kepford 10 Oct 2023

Easy to ignore what you do not see.

20 sats \ 0 replies \ @DarthCoin 10 Oct 2023

I am happy that they do not see... Let them mumble into the darkness

0 sats \ 14 replies \ @TonyGiorgio 10 Oct 2023

You didn't read it then if that's what you think it is about.

0 sats \ 2 replies \ @Rsync25 OP 10 Oct 2023

Page 17 is showing only public nodes? Where I'm missing?

0 sats \ 1 reply \ @DarthCoin 10 Oct 2023

Please explain me how River will know about all private nodes and channels.

0 sats \ 0 replies \ @Rsync25 OP 10 Oct 2023

Good question

0 sats \ 10 replies \ @DarthCoin 10 Oct 2023

I read it all.

0 sats \ 9 replies \ @TonyGiorgio 10 Oct 2023

Then you must have missed all the private routing and private data sharing metrics.

0 sats \ 8 replies \ @DarthCoin 10 Oct 2023

Please show me the metrics of my private nodes included in that chart. See page no.5 - table of contents of that report.

I see none

0 sats \ 4 replies \ @Rsync25 OP 10 Oct 2023

"Lightning nodes are servers run by participants in the network that allow users to send and receive Lightning payments. There are 1518k public Lightning nodes as of September 2023, with five data sources (Bitcoin Visuals, CoinMetrics, Mempool, Amboss, Glassnode) providing different numbers due to the complexities of mapping the entire network"

0 sats \ 3 replies \ @TonyGiorgio 10 Oct 2023

That's one section. Go back and read the beginning and the other sections.

0 sats \ 1 reply \ @Rsync25 OP 10 Oct 2023

River uses a methodology exclude private node. This is in the first pages. I'm not attacking River. I'm questing facts.

view replies

0 sats \ 0 replies \ @DarthCoin 10 Oct 2023

How many private nodes and channels exist right now?

reply on another page

0 sats \ 2 replies \ @TonyGiorgio 10 Oct 2023

this is only talking about what we can "see" on public LN explorers

wrong

0 sats \ 1 reply \ @DarthCoin 10 Oct 2023

Conditional acceptance: I will agree with your statement if you can show me the metrics of my private nodes and channels.

50 sats \ 0 replies \ @TonyGiorgio 10 Oct 2023

Is it specific to your node? No. Does it show metrics about private data? Yes.

Not sure why you're so thick headed here, there's plenty of private data they have that is not only based on public explorer data.

I guess many people still don't know lightning isn't fully private and there's actually some data they know that others don't.

reply on another page

894 sats \ 0 replies \ @sebastix 10 Oct 2023

Woah! This report is longer than the BitVM whitepaper. Damn....information overload and time shortage stress here. I must resist reading and get some sleep first ;-)

894 sats \ 0 replies \ @birdeye21 10 Oct 2023

So much interesting data packed in here…thanks for sharing it

We need to recruit Wouters to SN!

533 sats \ 0 replies \ @kr 10 Oct 2023

full report here

50 sats \ 0 replies \ @Alby 11 Oct 2023

Glad to be part of these numbers, with all of you. Cheers!

21 sats \ 0 replies \ @jeff 11 Oct 2023

6.6M "Routed Transactions" in August 2023.

More than 36% of the base layer's throughput.

Bitcoin doesn't do 7 txn / second anymore!

2 sats \ 0 replies \ @022f6b28d9 10 Oct 2023 freebie

Little by little it will sptead

12 sats \ 1 reply \ @adexmakai4211 10 Oct 2023

Lightning network has truly scale up Bitcoin but some people don't know this yet. I just discovered this myself. I am not fading anymore.

10 sats \ 0 replies \ @DarthCoin 10 Oct 2023

https://i.postimg.cc/c6ywXjdX/welcome-to-the-fucking-show.gif

10 sats \ 0 replies \ @k00b 10 Oct 2023

Graphic of lightning companies from the report

https://snimgs.s3.amazonaws.com/Screenshot+2023-10-10+at+6.39.05+PM.png

0 sats \ 0 replies \ @BitcoinIsTheFuture 10 Apr

And going!

https://m.stacker.news/26101

0 sats \ 0 replies \ @sebastix 12 Oct 2023

https://shares.sebastix.dev/1Ev85JaK.jpeg Shout out to Sam Wouters (@SDWouters) who made this report! I attended his talk today.

0 sats \ 0 replies \ @tomlaies 11 Oct 2023

While this is very impressive, I have changed my mind about how important this number is. It does not seem to correlate with Bitcoin adoption. Especially it seems to show adoption inside the Bitcoin community not adoption into the Bitcoin community.

0 sats \ 0 replies \ @Lumor 11 Oct 2023

Even without the internal traffic of SN?! 🙂

0 sats \ 0 replies \ @ladyluck 11 Oct 2023

We will double in the next 2 yrs

0 sats \ 1 reply \ @NFLsurvivor2024 10 Oct 2023

deleted by author

0 sats \ 0 replies \ @grayruby 10 Oct 2023

Didn't mean to respond from survivor account. That is pretty good but with growing adoption this should accelerate in the next couple years.