Hacker News new | ask | show | jobs
by ucaetano 3029 days ago
> It doesn't follow that a "single monolithic ledger" means Bitcoin is decentralized

Oh, I never mentioned that. But the implication of the single, monolithic ledger is that it isn't partition-tolerant, if you don't have access to the ledger, you can't transact.

IIRC, the lightning network kinda addresses that by allowing off-central-ledger transactions.