Difference between revisions of "Channels"

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In the vast majority of cases, someone only needs to broadcast the first and last transaction in the channel.
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.
See [[On-chain transactions]] about transactions done. Read more about channels on the [https://dev.lightning.community/overview/#payment-channels developer guide].


[[Category:Glossary]]
[[Category:Glossary]]

Revision as of 14:05, 11 January 2019

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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 about transactions done. Read more about channels on the developer guide.