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@ -450,7 +450,7 @@ image::images/mbc3_1401.png["A payment channel between Bob and Alice, showing th
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==== Simple Payment Channel Example
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To
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explain state channels, we start with a very simple example. We
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explain ((("payment channels", "example of", id="payment-channel-example")))state channels, we start with a very simple example. We
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demonstrate a one-way channel, meaning that value is flowing in one
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direction only. We will also start with the naive assumption that no one
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is trying to cheat, to keep things simple. Once we have the basic
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@ -542,7 +542,7 @@ the commitment transactions that update the balance of the channel.
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In the end, only two transactions are recorded on the blockchain: the
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funding transaction that established the channel and a settlement
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transaction that allocated the final balance correctly between the two
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transaction that allocated the final balance correctly between((("payment channels", "example of", startref="payment-channel-example"))) the two
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participants.
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[[video_payment_channel]]
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