Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin…

In particular, its structure seems to become increasingly similar to a core-periphery one, with well-connected nodes clustering together (as revealed by the study of the eigenvector centrality). More precisely, our analysis reveals the presence of many star-like sub-structures with the role of centers played by the hubs, seemingly acting as channel-switching nodes.

Both Proponents and Critics of LN Debate Implications, Definition of ‘Decentralization’

Reactions to the report have been varied in the crypto space, but LN supporters and critics alike think there may be something amiss in the way “decentralization” as a concept is being defined and even deified, in a sense, where bitcoin is concerned.

For example, bitcoin researcher and Drivechain creator Paul Sztorc tweeted:

Another user in the thread wrote, “Why do people care so much how decentralized LN is? It can work even semi-centralized, as long as it is mostly used for small payments and as long as there are other…