Lightning Network FAQ
What are the differences between “public” and “private” channels?
A payment channel is a mechanism that enables the establishment a financial relationship between two nodes on the Lightning Network. These nodes are referred to as channel partners...Read More
What do Open-Channel Transactions Look Like On-Chain?
A lightning channel funding transaction, commonly called an “open-channel transaction”, is a transaction that is used to open a payment channel on the lightning network. It anchors the...Read More
What are Negative Fees and how Does it Affect the Lightning Network?
Learn about negative fees and how they impact the lightning network. Negative fees allow a node to pay to forward a payment instead of charging to forward a...Read More
Why do Lightning nodes need inbound and outbound liquidity?
There are two possible ways of answering this question: with a brief and general answer or with a detailed and elaborated one. Let’s go through the general answer...Read More
What are the differences between LND and CLN?
The Lightning Network protocol is formalized in specification documents called BOLTs (Basis of Lightning Technologies). All organizations that maintain Lightning Network node implementations must follow the specifications described...Read More