Ninjastic
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Scraped on 18/06/2025, 06:12:19 UTC
Quote from: dkbit98 on June 17, 2025, 01:32:43 PM
Quote from: nc50lc on June 13, 2025, 05:14:40 AM
I'm interested to know what is your definition of the Lightning Network being "centralized".
Because it's not managed by a single authoritarian or a central server.
Majority of users are using custodial lightning network wallets, and it's all being hosted on big hosting servers like amazon, g00gle, digital ocean, etc.
I have seen reports that 98% of Lightning Network users likely don't run their own node or manage their own channels.
But that doesn't generalize Lightning Network as centralized since the uncertain reports are all about wallets and users, not nodes.
If thatWhat I's the reasonm saying is, then you would also generalize the Bitcoin Network as centralized since some nodes are also hosted on those servers.

In that case, the original reply should be specific on "Centralized Lightning Wallets" and not the "Lightning Network" in whole.

Sure ChainAnalysis have ways to track users in LN and IIRC, they've already claimed a bounty related to it by setting up lots of LN Nodes.
But it isn't because LN is centralized.
Original archived Re: [Anonymity] Can I get rid of KYC trace through Lightning?
Scraped on 18/06/2025, 06:07:27 UTC
Quote from: dkbit98 on June 17, 2025, 01:32:43 PM
Quote from: nc50lc on June 13, 2025, 05:14:40 AM
I'm interested to know what is your definition of the Lightning Network being "centralized".
Because it's not managed by a single authoritarian or a central server.
Majority of users are using custodial lightning network wallets, and it's all being hosted on big hosting servers like amazon, g00gle, digital ocean, etc.
I have seen reports that 98% of Lightning Network users likely don't run their own node or manage their own channels.
But that doesn't generalize Lightning Network as centralized since the reports are all about wallets and users, not nodes.
If that's the reason, then you would also generalize the Bitcoin Network as centralized since some nodes are also hosted on those servers.

In that case, the original reply should be specific on "Centralized Lightning Wallets" and not the "Lightning Network" in whole.