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I'm concerned that looks a lot like a more conventional system where you have centralized payment processors. The best-connected ones are most successful, incentivizing acquisitions until there are very few of them or even a duopoly.

What discourages that?



No centralized processors, all channels are permissionless and lightning nodes cannot monitor or censor any traffic.


Right, but decentralized permission less L2 solutions are also technically useless because they generate an unsolved Canadian Traveller Problem

To which the only solution is basically opening a new channel - eg. A new L1 transaction


https://news.ycombinator.com/item?id=28941210




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