Lightning Network seems to be well received and affecting the price positively but how is settling transactions off chain better and more transparent than settling transactions on chain?
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Lightning Network seems to be well received and affecting the price positively but how is settling transactions off chain better and more transparent than settling transactions on chain?
That is where the controversy comes in; but for me that doesn't matter as long as bitcoin is faster and can be used with minimum costs for settling smaller transactions. Transparency isn't an issue as there are lots n lots of hubs on LN creating decentralization.