The short non technical answer to nostr:npub15sfwtwn84qlvc6u3urqcgtk7yvwcufklvt7e55sw53x0k5n3ejqqez4ce5 question is…if you’re not running your own Lightning node with bitcoin you hold the keys for you are essentially trusting someone else’s node. You would have to ask/trust the person/entity that operates the lightning node you’re using to give you proof that those sats are there.
nostr:npub1g8wr20ntxwmfyk3huueel34jjpt04m2k8enyyawpum7625aancvqrn82gq can someone help answer this question for us?
Are Sats in a Lightning channel "safer" than Sats on an exchange?
We a know that FTX was selling "fake" Bitcoin, crediting accounts with Bitcoin they did not own.
I don't think it would have been possible to transfer these fake Bitcoin into a lightning channel since they really just represented an entry on a proprietary ledger, they we never actual Bitcoin.
But anything in a Lightning channel must be Bitcoin (I know Litecoin also has a Lightning Network but they are not interoperabile). I might have bought Bitcoin on FTX and never know for sure that there was ever any actual Bitcoin credited to my account. If I buy Sats on lightning, how do I know I have actual Bitcoin?
(I think the answer is because lightning IS Bitcoin, but how do I know that)?
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