The Lightning Network Is Like the Ship Of Theseus

Bitcoin Magazine

The Lightning Network Is Like the Ship Of Theseus

What is the Lightning Network? It is generally spoken about in analogies, metaphors or direct explanations of purpose.  What it really is is a network of payment channels, where people lock bitcoin into a multisignature address, and update the state of balance distributions off-chain. It’s how we are going to scale Bitcoin — or at […]

This post The Lightning Network Is Like the Ship Of Theseus first appeared on Bitcoin Magazine and is written by Shinobi.