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Chainalysis to offer compliance solution for Lightning Network transactions
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Adoption of the Lightning Network, which launched in 2018, has risen at a comparatively faster pace in 2021. Lightning Network introduces greater scalability to the Bitcoin ecosystem, ergo, enabling more commerce-based use cases. Not so surprisingly, the number of nodes on the network grew by 68% last year, according to data by Bitcoin Visuals.
The amount of Bitcoin locked in the Lightning Network has grown significantly throughout 2021. As of 1 December 2021, around 3,600 BTC worth over $205
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