I've been hearing and reading rumors that lightning network could lead to a layer 2 centralization? But at times i can't believe what others call Centralisztion.
Yes I Know a bank or company can open a payment channel but in my eyes, that doesn't make it centralized. I think certain people throw the centralization word around loosely because they have never really experienced true centralization.
any thoughts?
If that is the case then I think they should quit into the crypto industry. What is the point that you are joining the crypto market but would have a centralized set up? The whole point of crypto is for the decentralization. I think most people wont jump into this plan given the current set up.Yes I Know a bank or company can open a payment channel but in my eyes, that doesn't make it centralized. I think certain people throw the centralization word around loosely because they have never really experienced true centralization.
any thoughts?
