Activity on Bitcoin’s Lightning Network May Be Misleading

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A recent report from BitMex revealed several critical points about activity within Bitcoin’s Lightning Network. At first glance, readers glean that this activity is much higher than expected. Upon further investigation, however, the story is far more nuanced.

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The data shows that non-cooperative channel closures within Bitcoin’s Lightning Network made up much of the activity on the network. BitMex reported an estimated total of 60,000 non-cooperative channel closures…

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