Payment Timeouts in Payment Channels - #3 Timelocks
In the third post of our payment channels series, we explore timelocks, which establish payment timeouts and enable trustless escrow in the Lightning Network.
Kiara Bickers - Systems Thinker and Author
Making The Complex Simple
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How Do Payment Channels Make Up The Lightning Network? - #2 Hashlocks
This second post in the payment channels series explains how hashlocks and HTLCs enable trustless routing of payments across the Lightning Network.
How Do Payment Channels Work? - #1 The Basics
This is the first post in a 3-part series on payment channels, covering how they work, the costs of on-chain transactions, and Lightning Network basics.
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