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10 sats \ 2 replies \ @JakeBlockchain 11 Dec 2023 \ parent \ on: Have Ordinals saved Liquid? bitcoin
Either way. It is seeing increased usage. Posted on Twitter abit ago about it.
The Current State of Bitcoin Sidechains (By Network Usage)
To be as fair as possible. (Since each chain has different block times) I went from Bitcoin block 820725 (7:56 PST) to block 820738 (10:08 PST) and pulled all the equivalent TXs for each chain.
Transactions (over 2 hour period)
Bitcoin: 49,533
Liquid: 1124
Rootstock: 989
Stacks: 779
One caveat*
This includes coinbase TX's. So you could remove 72 Liquid TXs, 144 Rootstock, and 12 Stacks block to make this more balanced.
And is there any guestimate....no matter how wild.... how Lightning Network would fit in there?
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I'd have to look back through the River report on Lightning.
Lightning numbers are WAY WAY higher than these.
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