#routing

2 posts

lightning-networkdecentralizationscaling

Lightning's Dirty Secret: Three Companies Control Most Bitcoin Payments

Lightning was supposed to decentralize Bitcoin payments, but routing analysis shows LSPs and mega-nodes create censorship chokepoints. What decentralization actually looks like at the routing layer.

March 2, 2026·8 min read

lightning-networkbitcoinrouting

The Lightning Routing Hustle: Why Most Node Operators Lose Money (And How Block Makes 9.7%)

Running a Lightning routing node for profit sounds great until you see the data. Most operators lose money on rebalancing costs, but Block just announced 9.7% annual returns. What's the difference?

March 1, 2026·8 min read