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Edited ch14_applications.adoc with Atlas code editor

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clenser 2023-10-19 18:31:29 +00:00
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@ -987,7 +987,7 @@ https://oreil.ly/lIGIA[_Basics of Lightning Technology (BOLT)_ repository].
==== Basic Lightning Network Example ==== Basic Lightning Network Example
Let's see how this works. Let's ((("payment channels", "Lightning Network", "example of", id="payment-channel-ln-example")))((("Lightning Network", "example of", id="lightning-example")))see how this works.
In this example, we have five participants: Alice, Bob, Carol, Diana, In this example, we have five participants: Alice, Bob, Carol, Diana,
and Eric. These five participants have opened payment channels with each and Eric. These five participants have opened payment channels with each
@ -1099,7 +1099,7 @@ Alice has paid Eric 1 bitcoin without opening a channel to Eric. None of
the intermediate parties in the payment route had to trust each other. the intermediate parties in the payment route had to trust each other.
For the short-term commitment of their funds in the channel they are For the short-term commitment of their funds in the channel they are
able to earn a small fee, with the only risk being a small delay in able to earn a small fee, with the only risk being a small delay in
refund if the channel was closed or the routed payment failed. refund if the channel was closed or the routed payment((("payment channels", "Lightning Network", "example of", startref="payment-channel-ln-example")))((("Lightning Network", "example of", startref="lightning-example"))) failed.
==== Lightning Network Transport and Pathfinding ==== Lightning Network Transport and Pathfinding