Cryptocurrency Q&A Is Bitcoin Lightning decentralized?

Is Bitcoin Lightning decentralized?

Martina Martina Wed Dec 25 2024 | 6 answers 1550
I'm curious about the decentralized nature of Bitcoin Lightning. I want to understand if it follows the same decentralized principles as Bitcoin, or if there are any centralization aspects to it. Is Bitcoin Lightning decentralized?

6 answers

Federico Federico Fri Dec 27 2024
Traditional methods often involve delegating custody to third parties.

Was this helpful?

376
29
Raffaele Raffaele Fri Dec 27 2024
The Lightning Network operates as a decentralized framework.

Was this helpful?

156
81
Filippo Filippo Fri Dec 27 2024
It is designed for facilitating instant transactions.

Was this helpful?

236
51
Martino Martino Fri Dec 27 2024
The network excels in handling high-volume micropayments.

Was this helpful?

212
64
CryptoProphet CryptoProphet Fri Dec 27 2024
A key advantage is the elimination of risk.

Was this helpful?

320
39
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts