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We interviewed the person who controls 40% of Lightning Network's capacity. Here's what they had to say

Quick Take

  • Since its launch, the Lightning Network grew to nearly 10,000 public nodes with over 36,000 active channels with a total capacity of almost $7 million
  • One of the largest contributors to this growth is LNBIG, an entity which makes up 40% of the network’s capacity
  • The Block got hold of the anonymous individual behind LNBIG to answer some questions
Since launching on the Bitcoin mainnet in early 2018, the Lightning Network has experienced significant adoption and growth. The first Lightning Network implementation developed by Lightning Labs was launched in beta in March 2018. The other two popular implementations were developed by ACINQ and Blockstream which were launched in late March and late June, respectively.  […]

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Sep 24, 2021, 9:17PM UTC
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