It appears that sentiment has shifted in lightning channel opens and we may have reached a local bottom in lightning capacity with new channel opens picking up.
" #LightningNetwork has greatly matured; that's in part from efforts by @Amboss.
That offers a way for Enterprise to:
Generate reliable #payments at scale, and to
Seek economically productive #yield through Magma Marketplace."
- Alyse Killeen, Managing Partner at Stillmark
The Lightning Network is showing elevated channel closures now that the first of transactions is lower. This is the highest amount of channel closures that we've seen this year.
Exciting news for the #Bitcoin #LightningNetwork!
#[0]boss has raised $4M in seed funding led by Stillmark, aiming to optimize the LN as the future financial system. Amboss' enterprise-grade data analytics platform will enhance the fully-reserved bitcoin payments layer.
There are 3 major fiat payment providers in the US: Visa, MasterCard, American Express.
There are over 17,500 payment providers on the lightning network that are all interoperable.
I hope you like options!
Amboss.space
Press release: coordinated node action to enhance the provision of lightning liquidity.
* @c_equals and other major LSPs to offer 30 day channels on a daily basis
* Magma offers to remain in place to support smooth functioning of the lightning network
Over the past 30 days, traffic from iris.to to amboss.space has risen to about 1/5th of twitter traffic.
Over the past 7 days, traffic from iris is more than 1/4 of traffic from twitter.
Seems like a solid trend.
Get ready NOSTRiches!
We've added nostr pubkeys to Amboss pages so you can easily follow your lightning peers.
We've added NIP-05 verification to tag/find your friends with user @
When information on Amboss doesn't match your node, it's most often resolved by restarting your lightning node, which rebroadcasts "gossip" messages to the network.
The AOT metric measures how fast gossip messages propagate through the network to us. 60 mins AOT is excellent.
We've got a fascinating dynamic playing out with on chain transaction fees elevated along with increasing bitcoin prices.
Increased transaction fees heighten the demand for lightning liquidity while increased bitcoin prices cools the demand.
Let's see how this plays out. ⚡