Difference between revisions of "Channels"
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Payment channels are the main workhorse of the Lightning Network. They allow multiple transactions to be aggregated into just a few on-chain transactions. | |||
In the vast majority of cases, someone only needs to broadcast the first and last transaction in the channel. | |||
See [[On-chain transactions]] on transactions done. | |||
[[Category:Glossary]] | [[Category:Glossary]] |
Revision as of 14:02, 11 January 2019
Hi reader! We are in the beginning days of the Lightning network, and the beginning days of this wiki! Please help by expanding this article!
Payment channels are the main workhorse of the Lightning Network. They allow multiple transactions to be aggregated into just a few on-chain transactions.
In the vast majority of cases, someone only needs to broadcast the first and last transaction in the channel.
See On-chain transactions on transactions done.