During The Bitcoin Conference, an event related to Bitcoin (BTC) and the ecosystem of cryptocurrencies currently in the city of Las Vegas, USA BTC, estimated at “about 10 million dollars.”
This return, based on the usefulness of payments with Bitcoin, exceeds what traditional banks or even many decentralized finance platforms (Defi) offer, without the need to give custody or resort to complex decentralized applications (DAPPS).
How does this performance generate lightning Network?
Lightning Network is a second -layer solution (L2) of Bitcoin that allows fast and low -cost transactions out of the main chain, while maintaining network safety. The routing nodes, such as C =, facilitate these transactions when providing liquidity and charge small commissions for each operation they process.
According to Posted by Ryan Gentry, developer of this second -layer solution, on May 28, of the 184 BTC of public capacity that manages the node, approximately half – that is about 92 BTC – is producing an annual yield of 9.7% of APR, an index that reflects the annualized gain.
For his part, Nick Slaney, technical leader and team member behind the node c = in the lightning Network, celebrated The published by Suter and describes it as “unprecedented.”
In turn, following this fact, Peter Todd, a recognized bitcoiner developer, assured that “the constant statements that no one uses lightning is ridiculous.”
A safe alternative against Defi and Banks
Unlike Defi platforms, which usually require users to give control of their funds to intelligent contracts or face security risks, the Network Lightning model allows nodes Keep custody of your bitcoin. This eliminates intermediaries and reduce exposure to hackeos or scams.
This case shows how Bitcoin, beyond being a speculative asset, can generate economic utility through its infrastructure. Lightning Network not only improves the scalability of the network, but also offers users a form of obtain yields without delegating custody of the BTCreinforcing Bitcoin’s potential as a decentralized and efficient financial tool.
