Timeline for Required conditions to be selected as intermediary node (Payment Service Provider) in Lightning Network?
Current License: CC BY-SA 4.0
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| Feb 25, 2019 at 18:17 | comment | added | Jannes | It's an analogy, but its only benefit is that it makes you realize that LN channels are different from the water pipes in your house and the streets. Also it's different from fiber and copper wires that form the internet. But water pipes are different from the internet too. You didn't need an abacus for that. As soon as you realize the stuff is not the same, the analogy becomes kind of pointless. LN has nothing to do with an abacus. Might as well use locks in a canal where water is always pumped back as an analogy. At least with that you can imagine imagine a whole network of such canals. | |
| Feb 24, 2019 at 17:51 | comment | added | Questioner | Thank you. And how about analogizing LN channels to abacus ? As LN channels functionality are analogized to abacus in this article as well: Link to article. it seems a correct analogizing, except in case of **splicing **. Thanks | |
| Feb 24, 2019 at 17:27 | history | answered | Jannes | CC BY-SA 4.0 |