Oddbean new post about | logout
▲ ▼
niftynei | 1 months ago (raw) | export | reply | flag +10 
 the biggest genius of lightning imo is using bitcoin transactions to hold the state of balances in the channel
▲ ▼
calle 👁️⚡👁️ | 1 months ago (raw) | root | parent | reply | flag 
 it's so nice. the htlc is used as an ephemeral gun to your head so that two parties can agree on an update on their commitment transactions.
▲ ▼
5-MeO-DMT | 1 months ago (raw) | root | parent | reply | flag +1 
 …Partially signed.
▲ ▼
niftynei | 1 months ago (raw) | root | parent | reply | flag 
 😏
▲ ▼
Breno Brito | 1 months ago (raw) | root | parent | reply | flag +1 
 Yes, I always found quite ingenious to have a shared UTXO and hold the unsent transactions as account balances. So elegant.