1 sat \ 1 reply \ @028559d218 22h
I always thought that lightning was inevitably going to follow the 'hub and spoke' model... where the 'hubs' probably run by exchanges and businesses would process a large majority of transactions.
And the 'spokes' would consist mostly of 'pleb nodes' that are sending through the hubs.
I don't have the sats to create a large 'routing node'... and I'm not sure I would want to anyway. I wouldn't get any sats in return probably... and I don't want to worry about it being secure enough to hold "entire Bitcoin".
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31 sats \ 0 replies \ @ek 22h
I agree, LN will form a hub-and-spoke network topology more and more over time but it doesn’t prevent you from opening channels to anyone you want.
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0 sats \ 0 replies \ @anon 19h
Ln test
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0 sats \ 4 replies \ @kilianbuhn 13 Nov
what do they mean centralization on network level?
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0 sats \ 2 replies \ @random_ 13 Nov
#20470
"When gossip messages were first being collected April 2019, it was found that 10% of nodes accounted for 70% of betweenness. Since then, centrality increased to the point that the 10% nodes in the network account for 90% of centrality. That means, assuming payments occurred at random. that this 10% of nodes handles 90% of network payment traffic. This can adversely affect the privacy of the network."
See also: the Gini coefficient
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0 sats \ 1 reply \ @kilianbuhn 13 Nov
I'm not sure that is a good measure
Imagine I crated a huge huge number of nodes that do nothing. The number is so huge that my nodes that do nothing are 99% of nodes. So 99% of nodes do nothing and 1% of nodes handle all payments.
Has the network centralized? By this metric yes by a lot.
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0 sats \ 0 replies \ @random_ 13 Nov
Do you know what betweenness centrality is?
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0 sats \ 0 replies \ @random_ 13 Nov
deleted by author
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