Decentralized bitcoin systems cannot be changed by anything, I think if bitcoin is centralized, then bitcoin will be easily controlled.
Lightning network only helps the transaction process, become faster and costs become cheaper. I think every time lightning networks always innovate.
Topic: Bitcoin become centralized with Lightning Network ? (Read 339 times)
Hi,
I hear a lot of comments claiming that this last days, is that right ?
If yes, can you provide more infos ?
Thank you
I hear a lot of comments claiming that this last days, is that right ?
If yes, can you provide more infos ?
Thank you
Don't be fall on fake news. Do some reasearch before believing for a certain news which is not reliable. Bitcoin can't be centralize as easy as you think. A lot of factor to consider and it need a lot of time for the government to think and plan.
No. Bitcoin will not become a centralized currency after the introduction of Lightning Network. Read more about how this system works and you will understand everything.
No it's not. After the introduction of Lightning Network technology in Bitcoin, It will not become centralized. So you don't have to worry. It will be.
Clearly, it will help BTC. This will give a new impetus to the growth of prices, because such external events affect the fate of the crypto currency.
Lightning Network is a network supported by various nodes in many different countries of the world, which confirms the rule of decentralization and every day the number of master nodes only increases, therefore bitcoin will not become centralized.
I doubt it very much. Even if something like this happens (which in my opinion is almost impossible), bitcoin will lose the sense of its existence. Seriously, it will just not be necessary. The advantage of bitcoin over ordinary money was precisely that it possesses the property of decentralization. Hence it is not clear who bitcoin will be needed in this form
Yes, certainly. I believe that the introduction of this payment Protocol will really make Bitcoin centralized.
It won't. I generally doubt that Lightning Network will be 100% working network. And the idea of decentralization of cryptocurrencies will be lost.
No. This contradicts the principles of the technology on which the cryptocurrency works, and the principles of the crypto currency itself as a decentralized payment and investment unit.
I think that's not true news. Bitcoin is a system of cryptocurrency and payment systems around the world, This is the first decentralized digital currency, Bitcoin will last long.
It does not mean that we will have a "centralized" blockchain like many are saying. It still shows how the case on LN for ALL coins
No, maybe you were given false information or you all misunderstood. After the introduction of the Lightning Network, bitcoin will remain decentralized. Could you publish a link to an article about this?
Bitcoins are always in the hands of giants, they own a lot of Bitcoins, and they control the market the way they want, they will try to limit Bitcoin's decentralisation and make it more focused. This will make it easy for them to control the trend.
[I agree, "giants" really control the market.]
[I agree, "giants" really control the market.]
it is a news that is not found source, and can not be accountable.
bitcoin will not be decentralized if it happens then there will be price manipulation on bitcoi.
bitcoin will not be decentralized if it happens then there will be price manipulation on bitcoi.
It is not easy to end the bitcoin, and I believe that bitcoin has a lifespan that will endure unlimited, and bitcoin will be the currency of the future.
Bitcoins are always in the hands of giants, they own a lot of Bitcoins, and they control the market the way they want, they will try to limit Bitcoin's decentralisation and make it more focused. This will make it easy for them to control the trend.
what you are saying doesn't even make sense! lets ignore all the discussions about Lightning Network and how it is decentralized for a moment. LN is something that is going to work on top of bitcoin, it is called a second layer, how can something that is a secondary layer centralized the underlying and main layer which is bitcoin itself?
the requirement of a counterparty (co-signer) = no longer independant
(imagine difference between having your own bank account vs a joint bank account with your wife) = independance lost
its not peer2peer, its middle-men managed
...
(imagine difference between having your own bank account vs a joint bank account with your wife) = independance lost
its not peer2peer, its middle-men managed
...
You are exaggerating.
Your descriptions are misleading.
Your analogies are not accurate.
Nobody knows how the LN will organize itself, so you don't know if if will be more or less centralized than Bitcoin itself. In fact, that is the real problem -- LN is the de facto scaling solution for Bitcoin, but nobody knows how it will turn out.
Everyone, thank's for all this informations.
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