Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Galaxy on September 02, 2020, 07:11:34 PM
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Bitcoin’s Lightning Network set a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total value locked” (TVL) – reached $12.4 million.
Two weeks ago, Lightning set the prior high of $12.37 million, surpassing the long-standing previous mark of $12.3 million that was reached in early July 2019 and lasted for 405 days.
Bitcoin’s price appreciation has certainly helped boost Lightning’s TVL as the bellwether cryptocurrency has gained more than 30% since July.
Info Link: https://www.coindesk.com/lightning-network-value-locked-record-high-bitcoin