pull down to refresh

1 sat \ 2 replies \ @kr OP 7 Jul 2022 \ on: Lightning Loop Closes 75-99 BTC of Lightning Channels Each Week bitcoin
Given this information, how might you estimate the Lightning <> Blockchain swap volume that Lightning Loop processes each week?
write
preview
0 sats \ 1 reply \ @jimblogic 7 Jul 2022
Woah! can you give us some more insight into this? Very interesting to consider but can't get my head around it 😅.
reply
5 sats \ 0 replies \ @kr OP 7 Jul 2022
My first thought was that this meant Lightning Loop was doing 75-99 BTC in weekly volume, assuming all funds were moving in one direction and all channels started empty and were closed once full.
However, this is probably an oversimplification, and doesn’t consider any Loop transactions in the opposite direction (they support Loop In & Loop Out), or the state of their channels when funded and closed. It also doesn’t consider any routing their node does while channels are open.
reply