The growth of Bitcoin Lightning in Latin America is low according to DailyCoin
[ad_1]
- The number of Latino users who take advantage of the payment network is very small compared to other regions of the world.
- In Latin America, only 0.83% of the nodes in the global Lightning network are used.
- By channeling payment nodes, operators can generate passive income.
Although the Lightning Network is constantly growing around the world, the same cannot be said about the growth of Latin America. Comparing the number of public nodes operating regionally, the use of the Lightning Network subcontinent is now much lower.
To date, about 38,800 nodes for the Lightning Network have been counted worldwide. Of these, 17,136 are public IP nodes, according to data from ACINQ, the French startup that implemented Eclair software, the Phoenix portfolio, and BTC, which is one of the largest companies working on scalability.
The data collected by the ACINQ explorer may not be 100% accurate, as the company itself has clarified on its website, but it does provide a global overview of the number of operating nodes on each continent.
Most of the operating nodes in the Bitcoin Lightning Network are in North America, accounting for 44.8% of the total, and another 43.1% operate in Europe, according to a study published by the University of Vienna and specialists. Blockstream.
The remaining nodes are in Asia (6.2%) and Oceania (2.2%), with only 0.8% operating in South America, 0.6% ahead of Africa.
Brazil runs the Lightning Start-Up in Latin America
On the Lightning Network node geolocation map, Brazil is at the top of the South American list with 9 nodes and 120 operating channels, followed by Mexico with 3 nodes and 46 channels, and Colombia with another 2 nodes and 46 channels.
Other notable operators are Venezuela with 3 nodes and 8 channels, and Argentina with 7 nodes and 9 channels. Chile, on the other hand, has 4 nodes and 4 channels, while Peru has a single operating node with 2 channels.
If all of Latin America is included, Spain is the country with the most Lightning nodes in operation. The European nation has 29 nodes running 131 channels, according to data provided by 1ml.com.
Flipside On
- It seems contradictory that in a region where bitcoin adoption has flourished in the last two years, the same is not true of the number of active public nodes.
- The only explanation is that users do not have enough information about the benefits of the Lightning Network node to generate passive income.
Why should you care?
- Both individuals and businesses can generate profits by channeling payments online. Managing a well-connected node can generate generous passive income.
According to the web portal criptonoticias.com, Alex Bosworth, one of the chief liquidators at Lightning Labs, raised $ 30,000 in six months through payment processing alone. Having more connections increases your chances of getting paid.
Greater node connection ensures more efficient payment routing and reduced routing costs.
MAGAZINE WOMAN
Register to get the reverse of the crypto
Upgrade your inbox and receive our DailyCoin editor options 1 time a week directly from your inbox.
[contact-form-7]
You can always unsubscribe with a single click.
[ad_2]
Source link
