Vic on Nostr: Population: ~8 Billion Percentage that would likely self custody Bitcoin, even if ...
Population: ~8 Billion
Percentage that would likely self custody Bitcoin, even if self custody was available for all: 1%
Eventual Self Custody Count: ~80 Million
Total UTXOs: ~176 Million
Peak UTXOs: ~189 Million (2024-DEC)
TX/day: ~300000
Peak TX/day: ~860000 (2024-JUL)
TX/second: ~3.1
Peak TX/second: ~9.5 (2023-MAY)
It is very likely that quantity of lightning transactions will surpass layer 1 in the next few years if it hasnt already. Not all major providers report on their transactions but the uptick is apparent.
It makes sense to focus on delivering services to those opting for a custodial provider to hold their assets.
Percentage that would likely self custody Bitcoin, even if self custody was available for all: 1%
Eventual Self Custody Count: ~80 Million
Total UTXOs: ~176 Million
Peak UTXOs: ~189 Million (2024-DEC)
TX/day: ~300000
Peak TX/day: ~860000 (2024-JUL)
TX/second: ~3.1
Peak TX/second: ~9.5 (2023-MAY)
It is very likely that quantity of lightning transactions will surpass layer 1 in the next few years if it hasnt already. Not all major providers report on their transactions but the uptick is apparent.
It makes sense to focus on delivering services to those opting for a custodial provider to hold their assets.