lightning network

Revocable transactions with LN-Penalty

This article will discuss the revocation used by the current update mechanism (as of July 2021) for balances in a single-funded channel of the Lightning Network. This article assumes you have some familiarity with Bitcoin transactions, Lighting Network concepts, and ECDSA cryptography. Why is

lightning network

Lightning Network Routing Gossip: short_channel_id

This is the second article in a series on Lightning Network routing gossip. The introduction article explained the purpose of Lightning Network routing gossip. This article will discuss the next topic, a frequently used primitive in the Lightning Network gossip, the short_channel_id.

lightning network

Lightning Network Routing Gossip: Introduction

This is a different kind of article about the Lightning Network. Many articles discuss the mechanism of channels. However, nodes in the network perform two primary functions: creating channels and gossiping information. This series of articles is going to address the less talked about