Questions tagged [ln-penalty-transaction]

A penalty transaction is used to punish closing of a lightning network channel with an outdated channel state.

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1answer
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What is a hash pre-image as it is used for the breach remedy?

Until this afternoon I thought the anti-cheat transactions or breach remedies built on the exit-transaction of the counterparty. Apparently, they build on something called a "hash pre-image". What is ...
9
votes
1answer
2k views

How does Lightning transaction revocation work?

I've been reading about the Lightning Network, and I feel like I alllllmost understand it, but I can't quite figure out how the revocation transactions are designed so user A can claim the channel's ...
10
votes
2answers
679 views

Transaction overriding in lightning network

I'm reading the lightning network whitepaper, and at some point it states this: Therefore, it is possible in bitcoin to devise a bitcoin script whereby all old transactions are invalidated, and ...
0
votes
1answer
229 views

Double signature requirement of Breach Remedy Transaction

In the Lightning Network Paper (https://lightning.network/lightning-network-paper.pdf), Breach Remedy Transactions seem to require signatures by both channel members. I infer this from this ...