lightning is a centralized shitcoin
Discussion
Its a layer 2 to move btc fast. Ppl should not hodl on lightning and if they do they stupid as fuck its that simple.. ppl not believing in the lightning network will be like the company toys r us thinking why am I behind or obsolete 🤷🏾🤷🏾🤷🏾🤷🏾
no that is a lie.
lightning is a seperate coin. a centralized coin. it can work and can be integrated into monero, litecoin and any other coin. it has nothing to do with bitcoin, other than strong marketing by the corporations which own lightning
Ohh you choose monero over btc hey thats cool. You choose that I choose this it's a win win right
Lightning is bitcoin. It is not a centralized coin. Lightning is bitcoin layer 2
no it is not. it has a completely different architecture . a centralizea architecture, it works differently than bitcoin, it is not secure and it has nothing to do with bitcoin other than marketing.
no one uses it. it is an absolute disaster
do some research
How come many bitcoiners, just like me have a lightning node? How can it be centralized if we’re all separated geographically?
And how is it that i use bitcoin utxos to create a lightning channel ?
Lmao
Have you looked into who created the lightning network and who funded them?
You have ignored Node statement for share some vague information. Provide all the details if you want be credible
Dyor but here ya go lighting labs
https://www.crunchbase.com/organization/lightning/company_financials
exactly
everything funded by a vc is a centralized shitcoin
lightning is not proof of work, not a decentralized community project like bitcoin and monero
Good, thank you.
So what? The lightning network is a open protocol and Lightning Labs provide one software implementation.
As the code and the protocol is open
Bitcoin and lightning have very different security trade-offs and UX. They are not the same.
-LN very rarely used in P2P fashion. LN is nearly unusable without massive centralized hubs to route without failing.
-LN is offchain. Not final settlement until on chain. Possibility to be rugged by channel peer or host exists without an active node.
But even worse, the UX is so terrible ~90% of LN use a custodial, closed source wallet 🤮
You're right. Nothing layer 2 is Bitcoin. There is only one Bitcoin..🧡👑
I have to inform you that you don't know what are you talking about
Not at any time I convert my btc to a token to use the lightning network I use the lightning network with btc. It literally is btc we just create a fast path for it to move. Not one time have I converted btc into a lightning network token it's literally btc that you are using.. and BOOM!!!!!!!
no it is not, you need to pay a fee to convert it to the lightning centralized shitcoin and when you convert it back to bitcoin you need to pay another fee.
better use a secure, private and secure user friendly coin with low fees
Your pay to create a path way not no token/coin
Again you are paying for the path way to move btc faster
use monero
no need to convert it into an insecure shitcoin
and no need to pay high fees for that
use decentralized monero which is secure and has ultra low fees as well as privacy which the lightning shittoken does not have