Post
Topic
Board Bitcoin Discussion
Re: Is the Lightning Network centralized?
by
franky1
on 26/04/2018, 04:42:33 UTC
Also even Bitcoin itself has been centralized for years to the wealthy elite that can afford warehouse full of ASICS.
Chinese Mining Pools alone had more than 51% control for years.
Centralization of bitcoin happened years ago and no one seemed to care.  Tongue  

pools cant do much. if they sent out a nasty block.. nodes would reject it in seconds. and then the pools cant spend thir funds because merchants wont see that block.

however. since 2014. CORE have centralised the roadmap in their own direction. and any other team/community member that thinks of an idea that differs from cores roadmap gets treated like an enemy...

so yes centralisation has happened years ago. but no one notices because each time its highlighted, all that occurs is distractions of.. "look at craig wright. he owns no bitcoins, never coded a node, doesnt have any influence but look, look at him until you forget that core control the network"

much like USA is bombing syria.. "but look kardashian is on a 3 day clense"