/biz/ - Business & Finance

>>12106677

Red balloons in Bitcoin: a group of Microsoft mathematicians went over and did the mathematics behind sybilling and other things. Any network with a distance of three plus can always be sybilled. Mathematically proven: always. Every time you do it.

That---Lightning---can have eighty hops. Not eight, eighty. That means it is always vulnerable to attacks. Not sometimes. Always. It is mathematically proven. Read the paper; read their results.

Bitcoin doesn't get sybills because it has a distance under three. What we end up, with this, Bitcoin... the problem, people don't get the difference in words. Bitcoin is "highly centralized" because it has "high centrality". That Lightning mesh is more of what we are arguing is centralized. In mathematical terms is more distributed than any network globally has ever been. It has less chance of ever being hijacked than anything that has ever been created.