Bitcoin Lightning Network Payments Has Grown by 800% in 1 Year
According to Arcane Research, a record 80 million cryptocurrency users currently have access to the Bitcoin lightning network. Access to the Bitcoin Lightning network stood at 100,000 crypto users a year ago, showing an amazing 800% increase in access in the stated period. As the report said the increased access to the Bitcoin Lightning network is due to an increase in the number of payment applications that include the payment service, as described in the following statement and accompanying chart showing user growth. “We estimated that just over 100,000 users had access to Lightning payments globally last summer. In March 2022, we estimate that more than 80 million people had access to Lightning payments on an installed application. The majority of these users come from a select few applications integrating Lighting payments, but the number of users on already existing applications has also risen significantly.” The report highlights the growing use of the Bitcoin Lightn...