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RE: Understanding Lightning in Simple Terms and What It Means for YOU + GET 100SP delegated to you!
Nice explanation @ddangerwu. I read somewhere that the setting up of lightning nodes might reduce the decentralised nature of the network. I didn't full understand why this was thought to be the case.
Do you know something about it or agree that it might be true?
can you link where you read that?
Here a small refute of that claim: https://medium.com/@murchandamus/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a
Yep :)
https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800
Here a small refute of that claim: https://medium.com/@murchandamus/i-have-just-read-jonald-fyookballs-article-https-medium-com-jonaldfyookball-mathematical-fd112d13737a
There more but i not at my house
That's refreshing to read. I still don't fully grasp the information but it worried me that it might not be truly decentralised.
There is more than one LN for bitcoin so no monopoly on the LN. Plus all the diff LN are compatible with each other.