YouI don't understand how Lightning protocol works to claim it's decentralized.
ftfy
Thanks for your feedback. Hope you don't get offended if I correct your misunderstanding.
LN requires orders-of-magnitude more block chain transaction bandwidth for peak garbage collection phases, than it consumes normally. Thus you need Bitcoin to scale massively before LN can scale massively. Bitcoin can't scale without being centralized for validation and mining. That is fact well known to experts such as myself. Many people may deny it and I have no desire to argue with them.
LN also requires a few numbers of centralized servers cooperating for it to function reasonably well:
It uses a decentralised method of routing by everyone knowing the topology. In the future we will implement RP routing, which dramatically decreases the requirement to know the full topology of the network down to only the 24/7 online nodes.
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Yes correct. In my simulations routing with ten thousands of nodes was carried out in <1s.
That works fine with RP-Routing, because then you exclude all active participants from the routing problem and only concentrate on the passive nodes. I agree that if you take into account millions of wallets, it does get much more difficult.
LN can't send a payment from Bitcoin address to any Bitcoin address. It requires users establish accounts in the LN before they can be eligible, i.e. it is an opt-in system and it is not persistent.
LN is an incredibly complex Rube Goldberg kludge patched on top of an inadequate block chain design and there IS a better solution coming. You have to discard the Bitcoin block chain and Satoshi's design and start over.
In general, Bitcoin is moving towards centralization over the control of which nodes validate and thus which can do capital controls and KYC enforcement on transactions:
https://bitslog.wordpress.com/2016/01/08/spv-mining-is-the-solution-not-the-problem/http://www.bitcoinunlimited.info/1txn/