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3232Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
https://www.digit.info/bitcoin-makes-progress-in-clearing-backlog-but-lightning-network-capacity-and-channels-dropped-amid-congestion/
Sun, 14 May 2023 16:19:57 +0000https://www.digit.info/2023/05/14/bitcoin-makes-progress-in-clearing-backlog-but-lightning-network-capacity-and-channels-dropped-amid-congestion/Read more]]>In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently, 184 blocks need to be cleared to […]