4 years ago I set up my primary lightning node hosted server.
I funded it with several coins, figuring better to have too much liquidity than not enough.
I opened dozens of channels under the same assumption.
Over the years I've barely touched it other than to update release versions.
Today it only has half a dozen channels due to peers disappearing or closing channels, but the value of my liquidity is higher than ever, so I don't see a need to open more channels.
Which begs the question: is this centralization? 🧐
Why do you see it as centralization?
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The natural result of operating in this system with the value regularly going up over time results in disincentive to spread out your liquidity amongst more counterparties.
I see, but the trend is to have more smaller channels.
