Lightning Network capacity surge

Is it finally time to stop complaining about Bitcoin’s low scalability?

Yes, it is about 7 transactions/second, which is the consequence of the protocol’s time-proven robustness. And no, there’s no point in changing this by sacrificing its decentralization or security.

We believe that Bitcoin should be perceived as a base layer and the guardian of value, while layer-2 solutions assure its scalability for everyday use.

The Lightning Network’s amazing development is a proof that such system is working and poised to become dominant in crypto payments. Lightning nodes set channels that enable very fast and cheap transactions, locking up their bitcoins as a guarantee. The amount of these bitcoins locked up in the Network has been ever increasing for several months now, reaching an impressive 1821 BTC locked across over 56’000 channels.