Lighting Network Overview
This page tells the basis of lighting network
Understanding the Lightning Network
The Lightning Network has grown exponentially since its launch in 2018, revolutionizing Bitcoin's transaction capabilities:
Network Capacity & Scale
Transaction Speed: Up to 1 million transactions per second (compared to Bitcoin's 7 transactions per second)
Network Capacity: Over 5,000+ BTC in channels (approximately $150+ million USD)
Average Transaction Fee: Less than 1 satoshi (0.00000001 BTC), compared to on-chain fees of $2-20
Transaction Finality: 1-2 seconds (vs. Bitcoin's 10-60 minute confirmation time)
Network Statistics
Active Nodes: 17,000+ lightning nodes
Active Channels: 80,000+ payment channels
Average Channel Capacity: ~0.03 BTC per channel
Minimum Channel Size: 20,000 satoshis (approximately $6-8 USD)
Technical Capabilities
Maximum Payment Size: Currently around 0.04 BTC per payment
Channel Duration: Can remain open indefinitely
Multi-path Payments: Can route larger payments through multiple channels simultaneously
Privacy: Better transaction privacy than on-chain Bitcoin transactions
Growth Metrics
Year-over-Year Growth: ~50% increase in network capacity
Node Growth: ~30% annual increase in active nodes
Channel Growth: ~40% annual increase in active channels
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