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Edited ch12.asciidoc with Atlas code editor

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nadams 2017-05-11 06:08:55 -07:00
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@ -266,12 +266,12 @@ Finally, Emma clicks "Stop" to stop streaming video. Either Fabian or Emma can n
<<video_payment_channel>> shows the channel between Emma and Fabian and the commitment transactions that update the balance of the channel.
In the end, only two transactions are recorded on the blockchain: the funding transaction that established the channel and a settlement transaction that allocated the final balance correctly between the two participants.((("", startref="PSCexample12")))
[[video_payment_channel]]
.Emma's payment channel with Fabian, showing the commitment transactions that update the balance of the channel
image::images/mbc2_1206.png["Emma's payment channel with Fabian, showing the commitment transactions that update the balance of the channel"]
In the end, only two transactions are recorded on the blockchain: the funding transaction that established the channel and a settlement transaction that allocated the final balance correctly between the two participants.((("", startref="PSCexample12")))
==== Making Trustless Channels
((("payment (state) channels", "making trustless channels", id="PSCtrust12")))The channel we just described works, but only if both parties cooperate, without any failures or attempts to cheat. Let's look at some of the scenarios that break this channel and see what is needed to fix those: