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Results tagged with ln-penalty-transaction
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user 5254
A penalty transaction is used to punish closing of a lightning network channel with an outdated channel state.
12
votes
1
answer
3k
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 b …
- 1,658
1
vote
Transaction overriding in lightning network
A commitment transaction is a transaction that sends person A's bitcoins to person A, and person B's bitcoins to an intermediate address (let's call it B*). B* can be spent by person B, but only after …
- 1,658