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> 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
by ucaetano 9y 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.