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Questions tagged [ln-commitment-transaction]

4
votes
1answer
144 views

Lightning Network: asymmetry in the information tracked by each participant?

In following paper, written by Christian Decker et al., there is a paragraph that is not clear to me. eltoo: A Simple Layer2 Protocol for Bitcoin "The central idea of Lightning is to invalidate ...
0
votes
1answer
30 views

What is the relation between a Hash Time Lock Contract(HTLC) and a Commitment transaction?

I want to know about what happens to the commitment transactions as the HTLC's are sent and cleared along to peers in a route.
2
votes
1answer
64 views

Lightning Network: what happens if parties lose their txs?

Let's take the classical example of Alice and Bob with 0.5BTC each. Commitment Txs are exchanged for a new balance sheet: Alice has 0.6BTC, and Bob 0.4BTC. If Alice loses Bob's Breach Remedy Tx, she ...
2
votes
1answer
62 views

What is the input and output script of the funding transaction?

I'm looking for what the state block look like on the blockchain to set a channel on the lightning network. I found everywhere that the input script is a multisig script (since the two people that set ...