this post was submitted on 20 Aug 2023
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[โ€“] Kecessa@sh.itjust.works -1 points 1 year ago (2 children)

No, it's centered around large nodes, that's the point they're making.

Over 50% of the network's capacity in the hands of 5 entities?

https://www.reddit.com/r/btc/comments/vo86ki/over_half_of_all_lightning_network_capacity_is/

Shit's decentralized as fuck yo!

Heck, Bitcoin itself had the majority of its hashrate coming from a dictatorship where the state needs to have a representative in all major companies... One move and the Chinese government had control over the network.

#decentralization

[โ€“] Feddyteddy@lemmy.sdf.org 2 points 1 year ago (1 children)

This is like saying Lemmy is centralized because lemmy.world exists. This senseless rambling may work elsewhere, but Lemmy has too many computer literate users for you to gain any traction here.

[โ€“] Kecessa@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago) (1 children)

Eh... Lemmy has too many computer literate users for Bitcoin maximalists and crypto to have taken a hold on the place, funny that!

[โ€“] Feddyteddy@lemmy.sdf.org 2 points 1 year ago (1 children)

Alright, I can see now that you are just yelling out things you heard other people say without any idea what they mean. FYI, a bitcoin maximalist is someone who things there is no reason for any other crypto. That is absolutely not what this conversation is about. I don't think bitcoin is the only useful coin, and I never said anything remotely similar to this. I'm sorry if you lost money gambling or something, but honestly I'm not surprised, clearly you are someone you gets overconfident with small amounts of information. That is possibly what you have to blame for whatever happened to you.

[โ€“] Kecessa@sh.itjust.works 1 points 1 year ago

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