Pretty much. From a given node’s perspective, it depends on how well-connected they are and which channel partners they choose.

For example, if I open a channel with some enterprise-level node that has a lot of well-managed channels with other people, it makes it easier for me to route transactions through them to people I want to pay.

If I have a node with only a couple small channels to other people who also only have small, poorly managed channels, then it’s harder for me to route bigger payments reliably - it all depends on who you’re trying to pay and how many hops along the route through the network you have to make to reach them.

The lightning network is evolving and becoming more efficient as people figure out the best channel management strategies and as more liquidity gets locked up in lightning channels.

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