Study: 88% Lightning Network nodes are located in North America and Europe

Researchers from the University of Vienna conducted an analysis of the geographical location of Lightning Network nodes and turned out to be, that 88% of them are located in North America and Europe.

According to analysts, 45% Lightning Network nodes are located in North America, At the same time, the United States leads on This indicator. This is quite logical, Since the developer of the decision of Lightning Labs is registered in the United States, And the largest company for the development of the Bitcoin network Blockstream is located in Canada.

Europe is not too inferior in the number of Lightning Network nodes - they work here 43.1% From their total number. The rest of the nodes are located in Asia (6.2%), Oceania (2.2%), South America (0.8%) and africa (0.6%).

Analysts drew attention to, that Latin America is located less 1% Lightning Network nodes. Moreover, this region is one of the leaders in the adoption of cryptocurrencies and bitcoin.

Relations between Lightning Network nodes reflect relations between states. This is facilitated by cultural and language characteristics. for instance, In Argentina 80% nodes are associated with nodes in Uruguay, 10% with knots in Peru and 4% with knots in Chile and Venezuela. A similar picture can be seen in Kenya, China and other countries.

Infrastructure is also very important for the Lightning Network ecosystem - most network nodes work in megacities and regional centers.

It is worth noting, that owners of bitcoins are much more often tocenize on the Ethereum network for that, To make a profit from Defi projects. In the etherium it is blocked in 130 times more BTC, than in Lightning Network.

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