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Edited ch14_applications.adoc with Atlas code editor

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claylock 2023-10-26 20:04:38 +00:00
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@ -938,6 +938,7 @@ script. Whoever knows the secret can use it to redeem the output. The
secret +R+ is also referred to as a _preimage_ to the hash function. The
preimage is just the data that is used as input to a hash function.
[role="less_space pagebreak-before"]
The second part of an HTLC is the "time lock" component. If the secret
is not revealed, the payer of the HTLC can get a "refund" after some
time. This is achieved with an absolute timelock using