Lightning Network heating up
The Lightning Network has been getting a lot of press recently...
And for good reason!
Jack Dorsey, they CEO of Twitter and Square has been confirming rumors that the Square Cash App will be implementing the Bitcoin Lightning Network sooner rather than later.
Not only is that good news, some think it might be YUGE news!
Bigger than a bitcoin ETF in fact!
The Cash App has millions of users and if they all were to start using the Lightning Network to make bitcoin payments it would bring the biggest adoption of bitcoin to date.
Update on Lightning Network latest stats:
Number of Nodes: 6,166 - Up 14.82%
Number of Channels: 24,624 - Up 24.4%
Network Capacity: 659.46 BTC - Up 15%
(Source: https://twitter.com/CryptosBatman/status/1095318028772884480)
Onwards and upwards!