Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: The Lightning Network FAQ
by
ETFbitcoin
on 07/07/2021, 09:54:23 UTC
⭐ Merited by Wind_FURY (1)
Is Lightning Network centralized? Is it more centralized than Bitcoin? Does it make Bitcoin more centralized?

This topic has been brought up many times. The Lightning Network is a second layer scaling solution which has no impact on the Bitcoin network. It works independently and no one is forced to use it.
the wording here is a little bit off imo. i guess you are not talking about the lightning technology used on another network than bitcoin.
You guessed right, ser. Those altcoin “Lightning Networks” are their developers implementing it for themselves, probably truly as a computer science experiment/test, but to some of them, probably just for riding the bandwagon.

Don't forget there are actual usage such as atomic swap (cryptocurrency exchange).

When you posted “impact”, I thought you believed that Lightning would truly have a strong influence on the consensus layer.

Although it's not strong, few Bitcoin soft fork (such as SegWit which fix transaction malleability and CSV which used on LN's HTLC) benefit LN development.