X @Balaji

Decentralized Network & Trust - A hub can be set up for a small community with 10 BTC, functioning similarly to a centralized exchange [1] - As long as no individual settlement exceeds $1 million USD, the hub can handle most of the community's business through offchain settlement [1] - The industry acknowledges that while software can minimize trust, it cannot eliminate it entirely, requiring some level of trust in the code's correctness [2] - Bitcoin provides a choice of who to trust, but doesn't fully eliminate trust when recentralizing in any community, a trusted hub is needed [3]