diff --git a/ch14_applications.adoc b/ch14_applications.adoc index 600aa3e4..1554a99e 100644 --- a/ch14_applications.adoc +++ b/ch14_applications.adoc @@ -919,7 +919,7 @@ channel. ==== Hash Time Lock Contracts (HTLC) -Payment channels ((("payment channels", "HTLC (Hash Time Lock Contract)", id="payment-channel-htlc")))((("HTLC (Hash Time Lock Contract)", id="htlc")))can be further +Payment channels ((("payment channels", "HTLC (Hash Time Lock Contract)", id="payment-channel-htlc")))((("HTLC (Hash Time Lock Contract)", id="htlc")))((("Hash Time Lock Contract (HTLC)", id="hash-time-lock-contract")))can be further extended with a special type of smart contract that allows the participants to commit funds to a redeemable secret, with an expiration time. This feature is called a _hash time lock contract_, or _HTLC_, and @@ -970,7 +970,7 @@ redeemed by _anyone_ who has the secret +R+. An HTLC can take many different forms with slight variations to the script. For example, adding a +CHECKSIG+ operator and a public key in the first clause restricts redemption of the hash to a particular recipient, who must also -know the((("Bitcoin", "as application platform", "payment channels", secondary-sortas="application platform", startref="bitcoin-app-platform-payment")))((("application platform, Bitcoin as", "payment channels", startref="app-platform-payment")))((("payment channels", startref="payment-channel")))((("payment channels", "HTLC (Hash Time Lock Contract)", startref="payment-channel-htlc")))((("HTLC (Hash Time Lock Contract)", startref="htlc"))) secret +R+. +know the((("Bitcoin", "as application platform", "payment channels", secondary-sortas="application platform", startref="bitcoin-app-platform-payment")))((("application platform, Bitcoin as", "payment channels", startref="app-platform-payment")))((("payment channels", startref="payment-channel")))((("payment channels", "HTLC (Hash Time Lock Contract)", startref="payment-channel-htlc")))((("HTLC (Hash Time Lock Contract)", startref="htlc")))((("Hash Time Lock Contract (HTLC)", startref="hash-time-lock-contract"))) secret +R+. [[lightning_network]] === Routed Payment Channels (Lightning Network)