Published On: Thu, Feb 8th, 2018

Bitcoin Lightning Network Mainnet Passes 500 Nodes

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The Lightning Network mainnet has expanded beyond 500 nodes while its testnet implementation now hosts more nodes than Bitcoin Cash.
Charge Of The Lightning Bulls
The astonishing figures – 566 mainnet and 1720 testnet nodes at press time – come as an increasing number of users and commentators alike pledge support of Lightning, despite reservations about the robustness of its mainnet security.
Bitcoinist previously reported on fledging LN mainnet presence last month, with its node count hitting 40 on January 18 and passing 100 by January 22.
At the time, critics including Bitcoin.org’s Cobra said it was ill-advised to roll out payments as bugs and other dangers could still exist, leading to loss of money.
Andreas Antonopoulos continued the cautionary tone, even suggesting that major exchanges such as Coinbase “won’t run” Lightning due to the technology being fundamentally at odds with their AML/KYC obligations.
In February, however, social media continues to buzz with increasingly positive sentiment regarding LN’s mainstream future.
Commenting on what he described as the “truly amazing” pace of growth, Armin Van Bitcoin fostered hope that Coinbase’s incoming SegWit implementation would facilitate Lightning transactions reaching a far wider audience.

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