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1440000bytes | 10 months ago (raw) | root | parent | reply | flag 
 is lightning decentralized though?
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niftynei | 10 months ago (raw) | root | parent | reply | flag +2 
 yes, of course it is. we have a strict decentralization verification process. 

we guarantee decentralization by having every LN transaction’s route be chosen by a single server, kept in a closet at your mom’s house o.O
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1440000bytes | 10 months ago (raw) | root | parent | reply | flag 
 A paper from 2020 co-authored by Christian Decker shared that 10% nodes hold 80% liquidity:

LN: A second path towards centralization of the bitcoin economy - https://arxiv.org/pdf/2002.02819.pdf

Liquidity in 2024: https://mempool.space/lightning/nodes/rankings/liquidity

Maybe someone could write another paper with present stats including use of custodial wallets
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niftynei | 10 months ago (raw) | root | parent | reply | flag +2 
 the beauty of the LN protocol is that you actually can be the decentralization you want to see in the world, by running your own node