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A peer-to-peer payment system leveraging unbroadcast pre-signed transactions to track user balances.

3 votes

Eltoo: Does the relative locktime on the first UTXO set the lifetime of the channel?

Current thinking is (I believe) just to have a funding utxo on chain ("Setup_0") which is always spent by some update transaction ("Update_1" etc; there is no "Settle_0") which in turn can be spent ei …
Anthony Towns's user avatar
16 votes
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How is a node in the middle prohibited from keeping the money in a routed Payment in Lightni...

Lightning forwards payments using a construction called a "hashed timelock contract" (HTLC), which allows the payee to redeem the transaction if they know the preimage to a given hash, or allows the p …
Anthony Towns's user avatar