The biggest LN channel's capacity is now 5 BTC !

With Wumbo update of LND, channels up to 10 BTC can be created.

The biggest channel is now between LOOP and OpenNode. LOOP is a node that draws a lot of inbound liquidity from its neighboors because it swaps offchain bitcoins with onchain ones. Before Wumbo, the big LN nodes with a lot of inbound liquidity openned only one or two channels with the maximum capacity of 0.16777215 BTC.

Now big nodes can create big channels to easly consume their excess of inbound liquidity against routing fees of swapping payments. This will reduce a lot the routing fees to loop out and I expect the inbound liquidity to be more distributed in the network, great news !

https://1ml.com/channel/713222406712524800



Submitted September 18, 2020 at 08:37PM by Pantamis https://ift.tt/2RFczSA

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