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RE: Tutorial: How to make a Lightning transaction on the Bitcoin testnet.

in #bitcoin7 years ago

Very good, thanks for the info.
I need to understand more about LN. Do you think that it will reduce the descentralization? because in my understand I send my money to a third person that allows me to pay to someone. Is it like that?

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No. It's like the way the Internet forwards packages from your computer or mobile device to the webpage. It goes through serveral intermediate hops. In LN, you send your money through LN nodes, until it reaches the destination. It does this in such a way that the intermediate hops cannot take that money.