Bitcoin
Genesis
Research
January 15, 2019, 10:30AM EST
• 3 min read

The growth of the Lightning Network has been remarkable. But there's a catch.

Larry Cermak

Quick Take

  • The Lightning Network has grown significantly in the past year, it now has more than 2,800 nodes with active channels, 20,000 channels and a total network capacity of $2 million
  • On average, each node has nearly 8 channels open and each channel has an average capacity of $110
  • One entity LNBIG.com has 20 public nodes totaling the capacity of 365.59 BTC (~$1.3 million), representing 64% of the network’s capacity
  • The ten largest LN nodes currently have 38% of the network’s capacity

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