By CCN Markets: Usage of Bitcoin’s Lightning Network underwent a sizeable decline in 2019. According to data from BitcoinVisuals, 23% of Lightning Network payment channels closed down in the past five months alone. Meanwhile, the amount of Bitcoin locked up on the network for use in making payments fell 22% in the same time period. […]

The post Bitcoin's Lightning Network Is Shriveling Due to Terrible Incentives appeared first on CCN Markets

Source and More information: Bitcoin’s Lightning Network Is Shriveling Due to Terrible Incentives

Author: CryptoCoinsNews.com