Crypto trivia 📚 Lightning Network
Segregated Witness (SegWit) fixed the transaction malleability issue, which is one of the key prerequisites for the Lightning Network to operate securely.
Even two parties without a direct channel can make payments via a route linking other nodes, with Hash Time-Locked Contracts (HTLCs) ensuring that the nodes along the way can’t intercept the funds.
The first page of my study notes says: Understand it before placing an order.
The Lightning Network still circulates $BTC ; it’s just that most payments don’t need to be recorded on-chain individually.
#BTC
Segregated Witness (SegWit) fixed the transaction malleability issue, which is one of the key prerequisites for the Lightning Network to operate securely.
Even two parties without a direct channel can make payments via a route linking other nodes, with Hash Time-Locked Contracts (HTLCs) ensuring that the nodes along the way can’t intercept the funds.
The first page of my study notes says: Understand it before placing an order.
The Lightning Network still circulates $BTC ; it’s just that most payments don’t need to be recorded on-chain individually.
#BTC
