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A peer-to-peer payment system leveraging unbroadcast pre-signed transactions to track user balances.
0
votes
1
answer
57
views
How multiple unfinished payments in single LN channel work?
I think I understand HTLCs, at least if they are on chain. I also have a basic understanding of how off chain channel looks like.
I understand it as follows. It is a 2-of-2 multisig transaction outp …
1
vote
How to determine how many transactions are being processed by the lightning network?
No. You can only estimate some bounds on that number, but they will be nowhere near reality. You can only say how many transaction your node processes. But you cannot say anything about other nodes, u …
1
vote
Lighting Network transaction
You only know the balance of the channels you have open with your peers. And because the payments to you can be routed through other people's channels, you cannot simply get the information about the …
6
votes
1
answer
335
views
Non-bidirection payment channels for lightning network
I am trying to understand the technology behind LN and similar concepts.
As I understand it, LN is a network of bidirectional channels, which are created with some limited capacity, within which the …
2
votes
0
answers
80
views
How would Bitcoin look like if the primary design goal was to have LN-like payments?
Today (assuming SW), we have Bitcoin, which allows us to build LN using a set of smart constructs such as HTLCs. But this is a result of a work of people trying to figure out how to take what Bitcoin …
11
votes
1
answer
1k
views
In Lightning Network, what are the proposals for solutions to transfers to offline end users?
Basic examples in LN always mention payments from an online end user to other online end user. But let's say we want to send a micropayment donation to a blog that does not have an always online LN cl …