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5 sats \ 0 replies \ @faithandcredit 5 Jul 2022
I gave it a read but he used some unfamiliar terms which distracts from the point he is trying to make. Keep it simple :)
For example this statement
It makes no sense at first glance :)
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0 sats \ 0 replies \ @EnormousPony 5 Jul 2022
- open the link
- see mining pool picture
Oh boy I already know where this is going... aaand that's where exactly he went with this article, it's 2022 we should get over it
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0 sats \ 1 reply \ @notgeld 5 Jul 2022
- Referring to mining is incomplete and the implied centralization argument is wrong since in 4-5 year timespan polls have changed.
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21 sats \ 0 replies \ @notgeld 5 Jul 2022
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Later in the post this phenomena is explained a bit: networks collating and rebuilding in repeated cycles.
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I like this post. Looks close to my observations while calculating various network metrics for LN
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However, it feels like there are not enough conclusions and generalizations for Bitcoin/LN specifically. For example these networks are wildly competitive so maybe it makes sense to research its evolution.
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In addition, in LN big hubs have higher security risks. And we may redefine "hub" term as such. It may be hub with low liquidity but many channels and it may be "money hub" with large liquidity and very few connections.
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