Two Different Ideas Of The Lightning Network

Lightning has been on an explosive growth tear lately in terms of more liquidity coming to the network. Since the start of 2021, the network has grown from 33,000 or so channels to more than 65,000. The amount of bitcoin in those channels has grown from around 1,000 BTC to almost 2,500. This is widely viewed as a massive indicator of success, and it is, but it is starting to illuminate a growing divide in attitude about what will actually dominate the incentives of individual node operators in the future. This rapid growth has led to a diminishing return in routing fees for node operators, and some of them don’t care.

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