DAI Now Holds Five Times More Bitcoin Than the Lightning Network

DAI Now Holds Five Times More Bitcoin Than the Lightning Network

That a dapp on ethereum would be bitcoin’s scaling solution is something few thought during the great scaling debate, but the market has spoken.

MakerDAO’s dai producing dapp currently holds about 5,000 bitcoins, worth about $45 million.

Bitcoin’s own Lightning Network (LN) instead, despite it being hailed as the solution to solve all of bitcoin’s problems, has only 1,000 bitcoins which are worth circa $9 million.

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