Lightning Network - Crunchbase Company Profile & Funding (2024)

Organization

About

Bitcoin Lightning Network is built upon bitcoin’s blockchain technology, making peer to peer micropayment transactions through off-chain.

San Francisco, California, United States
11-50
Series A
Private
lightning.network/
186,702

Highlights

Employee Profiles3

Investors1

Company Insights

Is Lightning Network experiencing growth?

Lightning Network may be growing as evidenced by a reported 1,212% growth in routed transactions over two years, indicating a significant increase in network activity. The network has also seen a surge in usage, with an estimated 1,210% growth rate in the last two years, reflecting a substantial expansion in its adoption. Furthermore, the integration of the Lightning Network by major exchanges for BTC withdrawals and deposits, as well as the increasing adoption by businesses, suggests a growing acceptance and utilization of the network in the financial services industry.

Details

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Industries
Bitcoin
Financial Services
FinTech
Headquarters Regions San Francisco Bay Area, West Coast, Western US
Founded Date2015
Founders Joseph Poon, Thaddeus Dryja
Operating StatusActive
Last Funding TypeSeries A

Company TypeFor Profit

Bitcoin Lightning Network is built upon bitcoin’s blockchain technology, making peer to peer micropayment transactions through off-chain. This will completely break through current bitcoin network’s capacity bottleneck of handling with the number of transactions, and it will perfectly eliminate the propagation delay, scalability, and privacy

questions etc.