Bitcoin's Lightning Network has experienced impressive growth, with routed transactions increasing from 503,115 in August 2021 to 6,599,553 in August 2023, representing a 1,212% growth. The Lightning Network is a layer-2 scaling solution built on top of the Bitcoin network that allows people or companies to move money between one another without needing to use the blockchain to verify the transaction.
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Lightning Network Routed Transactions Skyrocket 1,212% in Two Years, According to Report
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