on the lightning network, if you send me 1000 sats, and I send you back 1010, you get 10 credit, that's all.

kind of like regular banks, except that the complete system is watching and verifying the transactions, so no fraud can happen.

sounds right 👍. actually a pretty good system.

BTC is like the gold reserve, a bit of BTC in each lightning node.

lnbc100n1pjr7w5cpp56nte2z8ajqh8zp4f73g9lu022xmg9jf57qdjkyzurvdd9shj320qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5j9z7kcddgwecfkg9xhy42ggpdjsp4vl5v6qezmnuc9slqajl0dws9qyyssqgdvct8gh7ccldnjgwqamvkxdrj348p2lwt4jr28qcya4mvvp5yfxgv6vlr3s0gdl6uxvmtgvqf2wusx87x2jlz9m0v0hhx52834tzpqp94usc6

Reply to this note

Please Login to reply.

Discussion

No replies yet.