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judymcconville@roadrunner.com 2017-05-02 13:22:20 -07:00
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@ -439,7 +439,7 @@ This is a basic implementation of an HTLC. This type of HTLC can be redeemed by
[[lightning_network]] [[lightning_network]]
=== Routed Payment Channels (Lightning Network) === Routed Payment Channels (Lightning Network)
((("blockchain applications", "routed payment (Lightning Network)", id="BCAlightning12")))((("routed payment channels", see="Lightning Network")))((("Lightning Network", "defined")))The Lightning Network is a proposed routed network of bidirectional payment channels connected end-to-end. A network like this can allow any participant to route a payment from channel to channel without trusting any of the intermediaries. The Lightning Network was first described by Joseph Poon and Thadeus Dryja in February 2015, building on the concept of payment channels as proposed and elaborated upon by many others: ((("blockchain applications", "routed payment (Lightning Network)", id="BCAlightning12")))((("routed payment channels", see="Lightning Network")))((("Lightning Network", "defined")))((("Poon, Joseph")))((("Dryja, Thadeus")))The Lightning Network is a proposed routed network of bidirectional payment channels connected end-to-end. A network like this can allow any participant to route a payment from channel to channel without trusting any of the intermediaries. The Lightning Network was first described by Joseph Poon and Thadeus Dryja in February 2015, building on the concept of payment channels as proposed and elaborated upon by many others:
https://lightning.network/lightning-network-paper.pdf[https://lightning.network/lightning-network-paper.pdf] https://lightning.network/lightning-network-paper.pdf[https://lightning.network/lightning-network-paper.pdf]