What is the Lightning Network, and why does it enable instant payments? Many people can’t answer!
Once a channel is opened, payments between the two parties are simply exchanges of the latest signed balance records. Each payment doesn’t need to be recorded on-chain, so it’s basically instant.
How much a channel can pay depends on how the balances are distributed between its two sides. Even a large payment may fail if no route has enough capacity.
Understanding how it works can help you avoid pitfalls, but it’s no substitute for risk management.
$BTC 80763.07（+0.62%）
#BTC
Once a channel is opened, payments between the two parties are simply exchanges of the latest signed balance records. Each payment doesn’t need to be recorded on-chain, so it’s basically instant.
How much a channel can pay depends on how the balances are distributed between its two sides. Even a large payment may fail if no route has enough capacity.
Understanding how it works can help you avoid pitfalls, but it’s no substitute for risk management.
$BTC 80763.07（+0.62%）
#BTC
