• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Binance Founder CZ Receives Presidential Pardon From Donald Trump
bitcoin lapps lightning network bitcoin

Bitcoin Lightning Network Expands 100% In H1 2019

Anja van Oosterhout
by Anja van Oosterhout
6 years ago
·
Posted in News, Bitcoin, Bitcoin Technology, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin’s Lightning Network (LN) has almost doubled its node count and capacity in the first half of 2019, new data shows.


Bitcoin Lightning Doubles In H1

Statistics from monitoring resource Coin Gecko confirmed the network’s capacity expanded 87% in the period from January 1 – June 30.

At the same time, the number of available nodes doubled from 2298 to 4576, capitalizing on Bitcoin’s [coin_price] bull market which has focused fresh attention on cryptocurrency markets.

The Lightning Network is a scaling solution currently active on both Bitcoin and Litecoin [coin_price coin=litecoin]. Transactions occur outside the main blockchain, allowing funds to transfer between users almost instantly and with considerably lower fees than ‘on-chain’ transactions. 

Even prior to the start of Bitcoin’s bull market in April, Lightning had gained increased publicity thanks to a charity initiative organized by one of its users, Hodlonaut. 

Taking the form of a transaction relay to test the strength of the protocol, Lightning Torch ended up involving some of the tech world’s biggest names, including Twitter CEO Jack Dorsey, who publicly condoned it. 

While the amount of money involved was limited – around 0.4 BTC ($4700) – the relay brought the still-nascent LN to a mainstream audience, ensuring its continued expansion within the Bitcoin community. 

Lightning Not Failing

Since July, however, some data reveals that both capacity and the number of payment channels active on Lightning have shrunk. 

As Reddit user u/hotol noted on August 4, this in fact is not a reflection of progress reversing. Rather, shifts in user behavior influences figures, with LN by default designed to make usage difficult to gauge publicly. 

Resources tracking its public aspects, principally 1ML.com, thus do not paint a complete picture of events, and using them to conclude LN is shrinking constitutes “FUD”

An accompanying post summarized,

LN network arguably has today much more public capacity than needed for me and you to make everyday payments. Real LN capacity is much higher than what 1ml.com reports due to private channels – and recently capacity has been migrating to private channels,

There is really nothing to see here, use LN and enjoy the only true P2P, instant and private payments in the crypto space.

As Bitcoinist reported, Lightning remains a broadly experimental option for Bitcoiners, only debuting on the Bitcoin mainnet at the start of 2018. The user experience is still geared towards technically-proficient traders, while an active community continues to make it more ready for the mainstream.

What do you think about Bitcoin Lightning Network’s progress? Let us know in the comments below!


Images via Shutterstock, Coin Gecko

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Anja van Oosterhout

Anja van Oosterhout

Follow

Full Profile

Related Posts

Wall Street

Wall Street Behemoth With $1.8 Trillion Under Management Finally Dives Into Crypto

4 hours ago
live-news-bnb-robinhood-listing-october-24-2025-tw

BNB即時新聞:Robinhood 上架動態更新(10月24日)

5 hours ago
Quantum Shock: Google’s Breakthrough Puts Bitcoin’s Encryption On Notice

Quantum Shock: Google’s Breakthrough Puts Bitcoin’s Encryption On Notice

15 hours ago
Bitcoin ziņas šodien: BTC cīnās, lai noturētu 108 000 dolāru līmeni, neskatoties uz lejupslīdošo spiedienu

Bitcoin ziņas šodien: BTC cīnās, lai noturētu 108 000 dolāru līmeni, neskatoties uz lejupslīdošo spiedienu

16 hours ago
Криптобиржи

Биржи запускают бонусы, чтобы восстановить торговые объемы

17 hours ago
KCEX: Bonus de 10% la depunere și recompense de până la 21.000 USDT

KCEX: Bonus de 10% la depunere și recompense de până la 21.000 USDT

20 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Snorter Bot...

    1 hour ago
  • ORIGIN Protocol's LGNS Achieves Historic Milestone: Liquidity Tops $194 Million, Reclaiming Title as Global Leader in DeFi

    ORIGIN Protocol’s LGNS Achieves Major Milestone...

    2 days ago
  • bonus kcex

    Bonus KCEX: promozione da $21.000 con un bonus deposito del...

    2 days ago
  • Maxi Doge

    Защо Maxi Doge може да се окаже...

    2 days ago
  • 挖 1 枚比特幣耗電可供 61...

    2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.