VOLUME - The volume of transactions per second is in essence limitless, as countless channels can be opened at the same time, each keeping their own ‘tab’.

MICRO TRANSACTIONS - You can send as little as 1 satoshi (currently $0.0006).

SPEED - It usually takes between a millisecond and a few seconds to receive a payment.

PRIVACY - Transactions are not stored on the open, public bitcoin blockchain. In some ways it is even more private than cash, because with Lightning, even the other party does not necessarily know who you are, as your payment often ‘hops’ through different channels to reach the receiver.

To be clear, I am not saying it is 100% impossible to uncover, just far more so than with payments on the bitcoin mainchain. It would take an immense amount of time and energy to establish with certainty who was making payments to whom, and it would not always be possible to do so at all.

Enjoy the visualizations of the current state of the Lightning Network at:

lnrouter.app/graph

mempool.space/graphs/lightning/ nodeschannels-map