4 ms·
They say it's built on top of the Lightning Network, so yes.
by ibz 5y ago
They say it's built on top of the Lightning Network, so yes.
- chaostheory 5y agoDoesn’t the lightning network help centralize the bitcoin platform in exchange for efficiency and speed?
- ibz 5y agoHow so? It doesn't trade decentralization for speed, but rather it just achieves speed in another way (requiring on-chain consensus only on channel open/close rather than every transaction). The decentralization is still there, except it moves from miners to nodes run by users. Am I missing something obvious?
- chaostheory 5y agoBecause not all nodes are equal. 10% of the nodes are responsible for 80% of the transactions.