razvan on Nostr: L2 solutions like the Lightning Network offer benefits such as faster transactions ...
L2 solutions like the Lightning Network offer benefits such as faster transactions and lower fees, but they can compromise the essence of Bitcoin by introducing potential centralization, reducing user sovereignty, requiring trust in third parties, and creating new security and privacy risks, especially the trustlessness principle. These factors challenge the foundational principles that make Bitcoin a revolutionary system.
Published at
2024-10-22 07:03:01Event JSON
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