* removed an extra 'the' in this sentence
* suggested rephrasing of an unclear sentence in bullet five under What is the Lightning Network?
* fixed typo in own edit
* bolded headers in Table 1 and 2 of Getting Started
* fixed typo (reasigning should be reassigning)
* fixed typo (later should be latter)
* fixed typo (node_announcment should be node_announcement)
* fixed typo, crucually should be crucially
* fixed typo (abroated should be aborted)
* fixed typo (subsecquent should be subsequent)
* fixed typo (discoveres should be discovers)
* removed extra 'the' in sentence
* fixed typo (send should be sent)
* fixed typo (nods should be nodes
)
- minor clarifications
- incorrect use of plural
- repetitive use of "this way" --> this fashion
- clarifying "each time" --> each payment
- added detail that LN txs are not stored permanently
- repetitive use of "explanation" --> clarification
- seeing --> revisiting
- etc.
Centralization is still mentioned, but as an undesirable side effect. The first emphasis is on the limited scaling that can be done by simply increasing the block size
transactions are what is happening on chain and technically speaking a data structure to be placed in the blocks of the bitcoin blockchain. While on the lightning network bitcoin transactions are being modified constantly and outside of the bitcoin network when making a payment we don't do transactions.
At that point it is not important to understand the technical differences but I think we should already stick to the terminology that we will use later and throughout the book.
Also added two sentences before the second sentence as I felt we went to the technical part / defintion too quickly.