lightning channels
Dual Funded Lightning Channels
Introduction The Lightning Network works as a channel-based payment system. You can think of a Lightning Channel as an hourglass, where the sand represents bitcoins that are locked...
Read MoreHow Lightning Channel Rebalances Work
An easy to understand breakdown of how Lightning Channel rebalances work for the Bitcoin Lightning Network....
Read MoreSubmarine Swaps – How do they work and where they are used?
Interaction Between Protocols Imagine a scenario where Alice wants to buy a book from Bob’s e-commerce, but Alice only has on-chain funds, and Bob only accepts payments through...
Read MoreWatchtowers on Lightning Network
Lightning Network payment channels work by enforcing a “fairness protocol” – a set of rules that incentivize honest collaboration between channel partners. After funding a channel, payments flow...
Read MoreWhat 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 MoreWhy 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 MoreLightning Channel Strategy Guide and FAQ
This guide/FAQ is designed to give Lightning Network node runners, whether new to the hobby or experienced, a concise breakdown of different channel types and situations....
Read MoreEffortless Inbound Channel Opening for Voltage Nodes
Voltage node runners just got a big quality of life boost! With the click of one button, all users running a Voltage node may claim 500,000 sats of...
Read MoreLightning Node “Type” Series #1: The Consumer Node or How to Live on Lightning
Living on Bitcoin has never been easier. You can pay your bills with bitcoin on Bitrefill, top up your google or apple-pay with paywithmoon, or buy giftcards with...
Read MoreHow do lightning nodes interact with on-chain Bitcoin?
Learn about on-chain interactions, opening and closing channels, cooperative and unilateral channel closures and more....
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