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Home Analysis Binance

Binance’s Bitcoin Lightning Network Witnesses Rapid Growth!

1 month ago
in Binance, CoinPedia, Crypto Live News, Crypto News
Reading Time: 1 min read
Binance’s Bitcoin Lightning Network Witnesses Rapid Growth!
Binance’s Bitcoin Lightning Network Witnesses Rapid Growth!

The post Binance’s Bitcoin Lightning Network Witnesses Rapid Growth! appeared first on Coinpedia Fintech News

Binance, a large cryptocurrency exchange, has experienced enormous gains in its Bitcoin Lightning Network. The network public channel has climbed from 7 to 33 in the past week, with the capacity rising from 36 BTC to 77.73 BTC. Binance presently holds the 14th immense capacity node, contributing to the total capacity of 4,859.37 BTC that the Lightning Network holds. This rapid growth is a great sign for the future of Bitcoin’s expandability and transaction speed. Binance’s adoption of Lightning Network shows the growing interest in and acceptance of this next-generation payment system.

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