Over the past month, there's been a lot of cleanup of lightning channels with single direction payment flows. These channels should be closed after a time since they are no longer useful for routing payments. In most cases, there are already parallel routes with sufficient liquidity to settle payments. Overall payment pathfinding and payment success is expected to improve since the remaining channels have a better chance of successfully routing payments. Our observation of the Lightning Network capacity decreasing recently has been validated other lightning network explorers and verified by on-chain proof that the channel UTXOs have been spent.

Is managing lightning channels too complicated? We're looking for merchants that run their own lightning nodes but don't want to manage channels. We're working on a product that's special built for your needs. Please reach out to be part of our trial group! ⚡

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X (formerly Twitter)

Preston Byrne (@prestonjbyrne) on X

"BlackRock’s proposed spot bitcoin ETF misses the opportunity to deploy those funds on the Lighting Network and earn non-custodial yield by provi...

#lightningnetwork #etf #blackrock

“So Blackrock has an opportunity to disrupt, not only all of the interest in gold, and go for a digital gold which [BlackRock CEO] Larry Fink already seems to prefer, but also payment processors like Visa, Mastercard and American Express and actually have the true upside of a tech company but the fundamentals of a very natural asset that is scarce,” https://www.theblock.co/post/240048/blackrock-disrupt-visa-mastercard-lightning-network-amboss

What's happening at @river?

IYKYK

Using LINER, our reference rate for costs and yield from the lightning network, we have never seen a month fall below 1% yield on a weighted average basis.

Every exchange will use lightning. It's just a matter of time.

Amboss Space

Binance - 03a1f3...d6a72f - Amboss Space

Binance - 03a1f3afd646d77bdaf545cceaf079bab6057eae52c6319b63b5803d0989d6a72f - 147 channels - capacity 37,480,400,000 sats - Bitcoin Mainnet - Ambo...

Catch our in-depth discussion with @PrestonPysh about the #Bitcoin    #Lightningnetwork as an alternative to traditional payments. The data that we display answers many questions about the opportunity cost of traditional settlement methods when lightning provides a new paradigm. Watch: youtu.be/FXnEHRd7jls Listen: link.chtbl.com/BTC133 Transcript: buff.ly/3oRkJvn

Amboss Unveils LINER Index for Enterprise Lightning Yield Benchmark ⚡️🌋🚀 Dives into the deep end of financial innovation with #LINER. @BitcoinMagazine spotlights how we're making waves in the #Bitcoin #LightningNetwork universe.

Bitcoin Magazine

Amboss Unveils LINER Index, Bolstering Enterprise Adoption Of Lightning Network

LINER, a new index by Amboss, measures Bitcoin yield and cost on the Lightning Network, attracting enterprises with low-risk opportunities.

There are now over 18,000 public nodes on the #Bitcoin #LightningNetwork Amboss.space

🥰🌋⚡ Some quick math for you: that's about 1.1% fees instead of 3% with traditional payment methods!

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