Is the lightning ⚡️ network also decentralized? Why should we use the base layer for?
Discussion
The base layer is what everything will be built on top off. That’s where you’ll keep the mother load of your stash. Lightning networks will be for everyday use, and it’s still decentralized Bitcoin you can use for peer to peer transactions.
But is off chain, meaning is not as secure as the bitcoin ledger, correct? It could allow dishonest activity before it gets into the bitcoin blockchain…
I wouldn’t worry too much. You won’t be storing much there. And, it won’t have any more potential for dishonest activity than a debit card or credit card.