3 ms·
I did. The whitepaper offers no details on how this is decentralized. Please answer my questions rather that attempting to bicker.
by deft 8y ago
I did. The whitepaper offers no details on how this is decentralized. Please answer my questions rather that attempting to bicker.
- dang 8y ago"shitty ESL" is a slur against people who don't have the same background as you. That's a bannable offense on HN, so please don't do that again. It's easy to make substantive points about an article without stooping to insults, so please do that instead.
- tonytran 8y agoWhy the Liquidity.Network is not Centralized? How to define (de-)centralization: (1) Who owns the funds? (2) How redundant is a system? (3) Can a central entity censor? Regarding Liquidity we have the following properties: 1. A user owns at any time its funds (with the private key). Not the hub operator, or any other entity can “steal“ the users funds. A hub is not a bank nor a custodian. 2. Liquidity is designed such that many hubs can be interconnected in a network of hubs to provide redundancy, similar to a network of Lightning peers. 3. A hub can choose to not forward payments. If that were to happen, the user can simply remove his funds from the hub’s smart contract, which the hub operator cannot prevent. The user would then join another hub.