Improvements to node template README (paritytech#14181)

* Update README.md

* Update bin/node-template/README.md

bin/node-template/README.md

@@ -90,7 +90,7 @@ You can also find the source code and instructions for hosting your own instance
 
 ### Multi-Node Local Testnet
 
-If you want to see the multi-node consensus algorithm in action, see [Simulate a network](https://docs.substrate.io/tutorials/get-started/simulate-network/).
+If you want to see the multi-node consensus algorithm in action, see [Simulate a network](https://docs.substrate.io/tutorials/build-a-blockchain/simulate-network/).
 
 ## Template Structure
 
@@ -125,27 +125,28 @@ Take special note of the following:
 
 In Substrate, the terms "runtime" and "state transition function" are analogous.
 Both terms refer to the core logic of the blockchain that is responsible for validating blocks and executing the state changes they define.
-The Substrate project in this repository uses [FRAME](https://docs.substrate.io/fundamentals/runtime-development/#frame) to construct a blockchain runtime.
+The Substrate project in this repository uses [FRAME](https://docs.substrate.io/learn/runtime-development/#frame) to construct a blockchain runtime.
 FRAME allows runtime developers to declare domain-specific logic in modules called "pallets".
 At the heart of FRAME is a helpful [macro language](https://docs.substrate.io/reference/frame-macros/) that makes it easy to create pallets and flexibly compose them to create blockchains that can address [a variety of needs](https://substrate.io/ecosystem/projects/).
 
 Review the [FRAME runtime implementation](./runtime/src/lib.rs) included in this template and note the following:
 
 - This file configures several pallets to include in the runtime.
   Each pallet configuration is defined by a code block that begins with `impl $PALLET_NAME::Config for Runtime`.
-- The pallets are composed into a single runtime by way of the [`construct_runtime!`](https://crates.parity.io/frame_support/macro.construct_runtime.html) macro, which is part of the core FRAME Support [system](https://docs.substrate.io/reference/frame-pallets/#system-pallets) library.
+- The pallets are composed into a single runtime by way of the [`construct_runtime!`](https://paritytech.github.io/substrate/master/frame_support/macro.construct_runtime.html) macro, which is part of the [core FRAME pallet library](https://docs.substrate.io/reference/frame-pallets/#system-pallets).
 
 ### Pallets
 
-The runtime in this project is constructed using many FRAME pallets that ship with the [core Substrate repository](https://github.com/paritytech/substrate/tree/master/frame) and a template pallet that is [defined in the `pallets`](./pallets/template/src/lib.rs) directory.
+The runtime in this project is constructed using many FRAME pallets that ship with [the Substrate repository](https://github.com/paritytech/substrate/tree/master/frame) and a template pallet that is [defined in the `pallets`](./pallets/template/src/lib.rs) directory.
 
-A FRAME pallet is compromised of a number of blockchain primitives:
+A FRAME pallet is comprised of a number of blockchain primitives, including:
 
 - Storage: FRAME defines a rich set of powerful [storage abstractions](https://docs.substrate.io/build/runtime-storage/) that makes it easy to use Substrate's efficient key-value database to manage the evolving state of a blockchain.
 - Dispatchables: FRAME pallets define special types of functions that can be invoked (dispatched) from outside of the runtime in order to update its state.
-- Events: Substrate uses [events and errors](https://docs.substrate.io/build/events-and-errors/) to notify users of important changes in the runtime.
+- Events: Substrate uses [events](https://docs.substrate.io/build/events-and-errors/) to notify users of significant state changes.
 - Errors: When a dispatchable fails, it returns an error.
-- Config: The `Config` configuration interface is used to define the types and parameters upon which a FRAME pallet depends.
+
+Each pallet has its own `Config` trait which serves as a configuration interface to generically define the types and parameters it depends on.
 
 ## Alternatives Installations