The state of the Bitcoin Lightning Network in 2023 By Cointelegraph

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© Reuters

The Lightning Network, a layer-2 payment solution built on top of the blockchain, is six years old.

Products, users and the amount of Bitcoin (BTC) sent on the Lightning Network (LN) has sky-rocketed in 2023, despite the price per Bitcoin slipping under $20,000.

Source: Twitter/Kerooke
Taro Diagram. Source: River Financial