Lightning Network is a P2P network which works as a second layer for Bitcoin. This network proposes that the blockchain registration should only serve to manage bidirectional payment channels. The transactions from these payment channels should register outside of the blockchain. Therefore, the network could increase the scalability without any damage over the decentralization or […]
Decentralization consists in the absence of control by one single person or entity. In a fully decentralized organization, the control will be equally shared by all the members. On the contrary, if the organization is centralized, the control will be held by one single figure.