Lightning Network Capacity Soars Amid Crypto Exchange Adoption, Taproot Update
The Lightning Network has achieved a new all-time high in capacity, driven by increased adoption among crypto exchanges. According to reports, a recent Taproot Assets update has also facilitated multi-asset transactions on the network. The Lightning Network is a layer-2 scaling solution for Bitcoin, designed to enable faster and cheaper transactions. Increased capacity suggests growing usage and acceptance of the network as a viable solution for scaling Bitcoin transactions. The Taproot Assets update expands the functionality of the network, potentially attracting more users and developers.
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