On: The Lightning Network: Turning Bitcoin into Money

[kevinak]

It’s worth pointing out that you can only see public channels on these trackers. Large players probably have large private channels open with each other to guarantee better payment flows and less fees.

Expedia, Steam and Microsoft not a likely reason cobnest ion got lowered. More likely exchanges and large players got better at handling their wallets.

[ETH_start → kevinak]

The public LN channels define the routable space of the network, since a routing table is public by definition.

The collateral in these channels is therefore a fair proxy for the overall size and usage of the LN.