Blockchain data made simple
Blocktables is a comprehensive platform for statistics, cryptocurrency data and more. Dive in and explore the fascinating world of blockchain.
While the number of Bitcoin Lightning network nodes was 302 in January 2018, the number of nodes increased to over 5.000 in January 2020. In April 2021, it reached over 10.000 nodes and is currently aiming for 20.000 nodes (as of December 16, 2021). The Bitcoin Lightning network is a second layer technology that uses micropayment channels to scale Bitcoin’s capability to conduct transactions more efficiently.
Bitcoin is a revolutionary new payment network and a new form of electronic money. It’s a digital currency which enables secure and instant financial transactions at dramatically low costs between any two individuals anywhere on the globe. Bitcoin allows its users to transact directly, peer-to-peer, without an intermediary and can be used just like other currencies or assets in exchange for goods or services. Bitcoins are the unit of currency of the Bitcoin payment network. The most used abbreviations for Bitcoin are BTC or XBT.
Bitcoin is the very first cryptocurrency and was founded by an anonymous person or group of individuals, named Satoshi Nakamoto. To this day, Satoshi Nakamoto’s identity and nationality are still unknown. Bitcoin is decentralized. Unlike traditional currencies like the Euro or the US-Dollar, there is no government, institution or other central third party that oversees the issuance and circulation of Bitcoin. That means Bitcoin cannot be censored, manipulated or controlled by a single centralised institution or government. Also, if you store your Bitcoin in a digital, non-custodial wallet, no institution, government or third party is able to lock you out of your funds.
For more information about Bitcoin and other cryptocurrencies visit our Blockchain FAQ section.
December 16, 2021
Last updated January 08, 2022.