Bitcoin Lightning Network (BTC LN) Passes a Big Benchmark in Surpassing 8,000 Nodes
If you follow crypto news, you have certainly heard about the Bitcoin Lightning Network. This off-chain scaling solution for Bitcoin (BTC) was launched last year and it has been growing a lot lately. Now, the LN has reached the landmark of 8,000 nodes, a proof that the service is finally breaking into the mainstream.
Number of Reachable Bitcoin Nodes Fell 19% in 2018
Data from Bitnodes shows that the number of reachable nodes on the bitcoin blockchain fell 18.98 percent in 2018 from 11,845 to 9,597. In the same period, the number of unreachable nodes also fell 33 percent from 98,000 to 65,500. To understand the significance of the data, it is helpful to establish the functions of reachable and unreachable nodes.