Lightning Network Crosses 100 Nodes, SegWit Nears 20% Dominance

The Lightning Network (LN) mainnet has almost doubled its node count and capacity in days as Bitcoin users rapidly switch on to its benefits.

Lightning: Core Enthusiasm Yet To Become Ubiquitous

Data from monitoring site #recksplorer shows 107 active nodes, 237 channels and a total Bitcoin load worth just over $19,000 – marking considerable growth since Bitcoinist last reported the statistics late last week.

Despite reservations from some well-known Bitcoin industry figures such as creator Cobra, Lightning is rapidly gaining prominence and support among users keen to avoid fees and confirmation delays when sending coins.

A current example has taken off in the form of an updated version of ‘Bitcoin Pizza,’ with US pizzeria owners seeking to accept LN payments for Bitcoin orders.

The concept began as a tongue-in-cheek thread on social media, but has since roped in genuine business interest despite the nascent state of LN.

A rollout of a Lightning payments webstore by Blockstream last week highlighted concerns from those who cautioned against using the so-called layer two technology before complete testing had completed.

Along with Cobra, other users on Twitter warned of the potential for Bitcoin holders to lose their funds due to unforeseen technical loopholes. Their position contrasts sharply with Bitcoin Core and Blockstream perspectives, with core developer Wladimir van der Laan hinting at the extent of his support today.


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