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RE: Bitcoin transactions approaching 2017 bull-run levels

in #bitcoin6 years ago

Lightning Network transactions are not included as it is a sidechains that only broadcasts endpoints. However, I read that there are now over 500 BTC on Lightning Network nodes less than one year of starting to be built. That is also and incredible amount of adoption and a key factor if use for payments wants to grow!

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Yep exactly, which means this increase in transactions is likely only due to increased adoption, increased trading, and the fees are staying low due to SegWit adoption.