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Replying to Avatar Jameson Lopp

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? 🧐

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Matthew D 1y ago

Listened to an Andreas talk last night where he advocated for many smaller channels over a few big ones.

It's only centralization in the sense that you are tied in with a few other nodes, and it's your decision to distribute the channels.

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