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LQWD's Bitcoin Lightning Network Routing Volume Hits Monthly Record, AI Drives Exponential Growth

LQWD's Bitcoin Lightning Network Routing Volume Hits Monthly Record, AI Drives Exponential Growth...

articleLqwd Technologies CorpMarch 7, 20245/company/lqwd-fintech-corp/news/lqwds-bitcoin-lightning-network-routing-volume-hits-monthly-record-ai-drives-exponential-growth
LQWD's Bitcoin Lightning Network Routing Volume Hits Monthly Record, AI Drives Exponential Growth

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[{"type":"text","content":"\n \n \n \n LQWD's Bitcoin Lightning Network Routing Volume Hits Monthly Record, AI Drives Exponential Growth\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 7, 2024\n \n \n /CNW/ -\n \n LQWD Technologies Corp.,\n \n (TSXV: LQWD) (OTC: LQWDF) a leading infrastructure and liquidity provider for the\n \n Bitcoin\n \n Lightning Network, as well as a holder of\n \n Bitcoin\n \n as an operational asset, announces a new record of 38,481 routing transactions for the month of\n \n February 2024\n \n .\n \n \n \n \n \n \n \n \n \n Total routing transactions now exceeds 380,000 since inception of LQWD's first node in\n \n November 2021\n \n , routing over 500\n \n Bitcoin\n \n . LQWD's global node network has now established well over 1000 channels with the top performing node in\n \n Canada\n \n and a growing presence and channel growth in\n \n Indonesia\n \n ,\n \n France\n \n ,\n \n Sweden\n \n ,\n \n Italy\n \n ,\n \n Germany\n \n and\n \n Singapore\n \n .\n \n \n Routing transaction volume is consistently achieving month-over-month highs. With the implementation of a sophisticated AI channel rebalancing system in\n \n August 2023\n \n , average daily routing volume has increased dramatically by approximately 300% and climbing. This trend has continued through the first week of March, with an average over 2,200 routed transactions per day.\n \n \n Shone Anstey, CEO of LQWD Technologies Corp. commented. \"We continue to expand our presence on the Lightning Network in a very significant way and gaining market share on this explosive network. Moreover, as the price of\n \n Bitcoin\n \n increases so does our asset value as well as the barrier of entry to replicate LQWD's business.\"\n \n \n For more details, check out LQWD's\n \n corporate presentation\n \n , and stay updated on Lightning Network node growth or connect to the Company's nodes in real time.\n \n \n \n About Lightning Network\n \n \n \n \n \n Bitcoin\n \n Lightning Network\n \n is a payment layer for the internet...

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