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A comment on Goldman Sachs Report Explores Use of Bitcoin as Currency. Parent comment

Re:Goldman Sachs Report Explores Use of Bitcoin as Currency by tananaev on Monday January 15, 2018 @11:50PM (#16155919)
Personally I don't really mind having a few main hubs because Lightning Network allows trust-less payments. Your hub can never steal your money. It's guaranteed by math and Bitcoin network itself.

Lightning Network might not be perfect solution, but it is a solution to scaling problem. Increasing block size is certainly not a long term solution.

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Re:Goldman Sachs Report Explores Use of Bitcoin as Currency by aiCeivi9 on Tuesday January 16, 2018 @11:04AM (#16159129)
> Your hub can never steal your money

But it can keep coins that remain in them until the channel expires and for usable channels it will be at least a month or two. So some amount of trust is required. Also, unless I don't know about something, wallet software needs to store additional data for LN to work that can't be just reconstructed from private key/paper wallet.

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Re:Goldman Sachs Report Explores Use of Bitcoin as Currency by keymone on Tuesday January 16, 2018 @11:55AM (#16159649)
what incentive does a hub have to do that? it's easy to accuse a hub in doing that but it's trivial for a hub to prove they aren't. if it is ever proven that hub holds on to somebody's channel - the hub loses reputation and customers.
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