One Guy Controls the Lightning Network's Biggest Node
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One Guy Controls the Lightning Network's Biggest Node

THELOGICALINDIAN - BTC supporters were animated to ascertain afresh that the Lightning Networks LN accommodation had acicular by 216 percent in aloof one day Some individuals doubtable the Build on Bitcoin appointment had sparked added LN absorption However assemblage accept begin the fasten was due to a distinct bulge created by the buyer of Shitcoincom According to LN campaign the bulge holds added than 49 percent of the Lightning Networks absolute funds

Also read: Study Finds Cryptocurrency Rebalance Portfolios Outperform ‘Hodling’

Everyone is Talking About One Node That Holds More Funds Than 49% of the Entire Lightning network

One Guy Controls the Lightning Network's Biggest Node

There’s a new Lightning Arrangement bulge on the block that has BTC supporters in a aberration aggravating to amount out why one being has so abundant money on this beginning network. At the time of autograph the alleged “LN.SHITCOIN.COM” holds 35.24 BTC or $220,000 USD. The bulge is operated by Andreas Brekken, the buyer of Shitcoin.com who has abundant he affairs on accomplishing a analysis of the Lightning Network. Brekken’s Shitcoin.com reviews a advanced array of cryptocurrencies like IOTA, Tron, EOS, and Dash.

Brekken’s node is massive compared to the blow of the nodes beyond LN and on July 14 the bulge abettor stated to his Twitter followers:

One Guy Controls the Lightning Network's Biggest Node One Guy Controls the Lightning Network's Biggest Node

Supporters Afraid the Node May “Reduce People’s Trust in the Lightning Network”, While Some Are Using the Node for Routing, Even Though They “Don’t Trust the Guy” Operating It

Of course, LN supporters had a lot to say about Brekken’s bulge as some believed it was aloof an big-ticket business attack for his analysis website. Some users alike argued that Brekken ability try to attack some array of “attack.”

One Guy Controls the Lightning Network's Biggest Node

“If he could somehow blast or abate people’s assurance in the Lightning Network, that would be a additional for his side,” explains one Reddit user. Oddly enough, one user explained that alike admitting he didn’t assurance Brekken, he’s been using the bulge for liquidity.

“I opened a approach with this bulge — it routes payments actual able-bodied (loads of liquidity),” reveals addition Reddit user.

All Eyes on One Node

Brekken hasn’t appear back his official LN analysis will be appear or what blazon of testing he has been doing. Just afresh he revealed how abundant money he’s fabricated so far from routing, which angry out to be about $0.028 USD account of BTC. It’s acceptable Brekken will chase through with a abundant review, but in the meantime, it’s safe to say abounding bitcoiners will be watching this bulge closely.

What do you anticipate about the Shitcoin.com bulge on the Lightning Network? Let us apperceive your thoughts on this accountable in the animadversion area below.

Images via Shutterstock, Twitter, Recksplorer, and Shitcoin.com.

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