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Dikaios1517 2y ago

Replying to https://twitter.com/ROWEBOT3339/status/1730696577658892486:

@ROWEBOT3339 Lightning channels can be opened with inputs from both channel partners, or only 1.

Channels can be closed non-collaboratively, but there is a time-lock to give the channel partner opportunity to contest it.

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Dikaios1517 2y ago

@ROWEBOT3339 Each channel partner keeps a copy of an on-chain transaction that can close the channel for the current balances on each side. This on-chain transaction is replaced each time a transaction occurs on the channel.