The costs of maintaining a blockchain are orders of magnitude higher and the cost needs to be justified by utility. Most applications looking for some of the properties stated earlier like consistency and reliabili…
The Lightning Network is a system of smart contracts built on top of the base Bitcoin blockchain that allows for fast, cheap payments directly between two parties. In order to achieve these fast and cheap transactions, the following steps are taken:
8. The value of a business lawyer isn’t in the paper, it’s in the advice.