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judymcconville@roadrunner.com 2017-05-02 13:23:17 -07:00
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@ -453,7 +453,7 @@ The Lightning Network is one possible way of implementing routed payment channel
==== Basic Lightning Network Example ==== Basic Lightning Network Example
Let's see how this works. ((("Lightning Network", "basic example")))Let's see how this works.
In this example, we have five participants: Alice, Bob, Carol, Diana, and Eric. These five participants have opened payment channels with each other, in pairs. Alice has a payment channel with Bob. Bob is connected to Carol, Carol to Diana, and Diana to Eric. For simplicity let's assume each channel is funded with 2 bitcoin by each participant, for a total capacity of 4 bitcoin in each channel. In this example, we have five participants: Alice, Bob, Carol, Diana, and Eric. These five participants have opened payment channels with each other, in pairs. Alice has a payment channel with Bob. Bob is connected to Carol, Carol to Diana, and Diana to Eric. For simplicity let's assume each channel is funded with 2 bitcoin by each participant, for a total capacity of 4 bitcoin in each channel.