Lightning Network Boasts More Nodes Than Bitcoin Cash

News
Tue, 03/27/2018 - 15:03
Darryn Pollock
The Lightning Network, a potential Bitcoin scaling solution, has more nodes than the digital currency’s biggest rival, Bitcoin Cash.
Lightning Network Boasts More Nodes Than Bitcoin Cash
Cover image via U.Today

Still very much in its infancy, the Lightning Network, currently boasts more nodes than Bitcoin’s biggest rival, Bitcoin Cash. This is especially interesting as the Lightning Network has been dubbed a scaling solution that could well make Bitcoin Cash meaningless.

Statistics show that the Lightning Network has taken a slight lead over BCH when it comes to the total number of nodes running on their networks. The data shows there are currently 1,347 Lightning nodes compared to Bitcoin Cash’s 1,286.

The Lightning Network has grown exponentially as it builds towards being a potential solution to be added to the Bitcoin Blockchain. Back in mid-January, it held only 29 nodes.

Lightning Network node count has exceeded Bcash node count. In addition 70%+ of the BCash nodes are hosted on a "Hangzhou Alibaba" servers which you can check here: https://t.co/g8HC8bAkIX https://t.co/iIUyGaftvQ pic.twitter.com/g1tmAMkXPz

— WhalePanda (@WhalePanda) March 27, 2018
About the author

Darryn Pollock is an award winning  journalist from Durban, South Africa. He picked up Vodacom’s Regional Sports Journalist Award in 2017 while expanding his Blockchain and cryptocurrency reach.  He is a contributor to Forbes, Cointelegraph, Binary District, and of course, U.Today. Darryn’s belief is that Blockchain technology will be the driving force of the next technological wave and it is the obligation of journalists and writers to tell its emerging story with integrity and pride.