Re:Lightning Network: “Bitcoin Doesn’t Scale” [pdf]
by bhouston on Friday February 27, 2015 @08:41AM
(#9118729)
Skype was never radically decentralized -- it was a managed centralized/decentralized network. Its decentralization was to offload costs onto users to provide a cost advantage compared to running a lot of centralized hardware, but otherwise it was centralized.
Skype accounts were centrally registered and a single company was responsible for network health, security, etc.
Skype accounts were centrally registered and a single company was responsible for network health, security, etc.