Join Our 500,000+ Community
"The Lightning Network is a layer-2 solution for Bitcoin that has been getting a lot of attention this year. It allows users to transact in Bitcoin in a faster, more cost-effective manner. Recent data from The Block suggests that capacity for the Lightning Network is nearing an all-time high of 3,000 Bitcoin ($124.5MM).
What does that mean?
It means users can transact (send/receive) around 3,000 BTC capacity worth on the network. To compare, at the beginning of the year the capacity for the network was less than 1,000 BTC. The capacity has grown ~3x over the past 9 months - supported by continued market adoption, especially in El Salvador."
-Harsharn Singh, Investment Associate @ Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
June 27, 2022
Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.
June 24, 2022
Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!
June 22, 2022
Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.