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=== Routed Payment Channels (Lightning Network)
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The Lightning Network is a proposed routed network of bi-directional 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 elaborate by many others:
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The Lightning Network is a proposed routed network of bi-directional 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:
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http://lightning.network/lightning-network-paper.pdf[lightning.network/lightning-network-paper.pdf]
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