Here's my 8 tweet year-in-review thread on the #LightningNetwork's 2020.

1) Public network capacity grew from 854 BTC ($6.2M) on Jan 1 to 1,071 BTC ($24.8M) today.

That's a 25% increase in BTC terms, and a 300% increase in USD terms. 🐂🐂🐂

(better volume metrics soon ™️)
2) Public routing nodes grew from 4,903 on Jan 1 to 8,106 today, a 65% increase. 📈

(if we use @Snyke's past work estimating private channels/nodes at ~40% of the network, that puts total node count at 20,265... but to be clear that is just a SWAG)
3) Huge protocol gains:
✅ Multi-Path Payments became the standard
✅ LSATs were introduced ( http://lsat.tech )
✅ Keysend was enabled, leading to @sphinx_chat
✅ PSBT support lowered hot wallet risk
✅ Anchor channels lowered counterparty risk
✅ WUMBO channels enabled!
4) Lightning UX improved by leaps and bounds. @bluewalletio, @bottlepay, @Breez_Tech, @ln_strike, @PhoenixWallet, @sphinx_chat, @walletofsatoshi and @zebedeeio have all built incredibly intuitive mobile UXs for new users, and continue competing and improving at a rapid pace.
5) We welcomed so many new entrants to the network, here's a sampling!
📈 @LNMarkets & 🎮 @MintGox in March
🤖 @getvoltage in June
⚒ @NiceHashMining & ☂️ @getumbrel in July
🦘 @BitarooExchange in September
📻 @adamcurry & Podcasting 2.0 in November
🌍 @BundleAfrica in December
6) of course our LN OGs only improved, from @bitfinex and @RiverFinancial leading the way for exchanges, to @bitrefill @opennode @CoinGatecom and @fold_app crushing it with merchants, to @RTL_App @thunderhubio @RaspiBlitz @ZeusLN @ln_zap (and more!!) pushing open source forwards
7) I didn't even mention all the stuff @lightning released, from Faraday, to Lightning Terminal, to Lightning Pool, to Autoloop, etc. etc. etc.

The obvious conclusion from all this: 2021 is going to be LIT! ⚡️⚡️⚡️

@pierre_rochard and @krakenfx have set the tone already 😈😈😈
8) if you're feeling FOMO and don't want to miss out on all the fun, my DMs are open! Reach out at any time, and I'll help onboard you to the #LightningNetwork... and the future!

(also subscribe to our newsletter to stay up to date) https://lightninglabs.substack.com/subscribe 
You can follow @RyanTheGentry.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.