Payment channels have been promoted as a way to increase the transaction capacity of the Bitcoin network, particularly when many payment channels are connected to form the lightning network. A mainnet version has been running since early 2018.
At 00:00 UTC on August 25th of 2021, what will be the network capacity of the lightning network on the Bitcoin (BTC) blockchain, as measured in units of Bitcoin, as reported by bitcoinvisuals.com?
Different sources report somewhat different numbers for the number of channels/nodes/BTC capacity. Not all nodes are visible to all other nodes at all times, so reports published by different groups vary by small amounts. For this forecast we’re using the figure reported on bitcoinvisuals.com simply because you can also download their data in spreadseets. If that site stops updating, we will switch to 1ml.com, and then a third source if needed.