120 sats \ 2 replies \ @rheedi0 13 Jul 2022 \ on: Federal Reserve Bank of Cleveland: The Lightning Network Is Turning Bitcoin into Money bitcoin
Our analysis covers the period January 1, 2017, to September 5, 2019.
Doesn't even include the explosive growth we've seen starting in 2020.
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0 sats \ 1 reply \ @k00b 15 Jul 2022
Yeah, I wonder given the date of publishing why they'd ignore that data. Blockchain data is obviously accessible but perhaps they had trouble getting lightning network data from that period.
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100 sats \ 0 replies \ @rheedi0 15 Jul 2022
Apparently they were dependent on a site called hashXP that stopped monitoring the Lightning Network in 2019.
We cannot extend our data set any later because, beyond these dates, hashXP was no longer actively monitoring the Lightning Network and providing accurate data. As a result, we are unable to study any more recent developments in the LN.
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