Despite being seen as a cure for all Bitcoin's problems, the Lightning Network is yet to see major adoption and has recorded less than impressive network stats this year.
A solution to Bitcoin's scalability problem, the Lightning Network was created to increase the transaction throughput of its blockchain network.
The Lightning Network didn't fail to deliver-earlier this year, it recorded a record number of active nodes and saw its network capacity grow by almost 20 percent in less than one month.
One of the lead investors at DTC Capital, Spencer Noon, noted that 2019 hasn't been the "Year of the Lightning Network." In a tweet, Noon posted the network's stats that showed it has been mostly stagnating throughout the year.
Lightning Network is a sensitive topic in the crypto community.
That same maturity could be what stifled the Lightning Network.
Crypto analyst Willy Woo agreed with Noon, saying that the network's biggest problem was that it doesn't solve a present-day need.
Lightning Network's defenders noted that the data Noon shared didn't paint a complete picture.
Ansel Lindner, the host of Bitcoin and Markets podcast, noted that the network has seen a much higher adoption than shown in Noon's data.
While hundreds of users joined the discussion and presented valid points for their arguments, it seems that all of them agree on one thing-the Lightning Network still has a long way to go.
Crypto community divided over why the Lightning Network hasn't seen more adoption
Publié le Nov 22, 2019
by Cryptoslate | Publié le Coinage
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