so funds don't actually move on the lightning network.

who here is running a lightning node?

Reply to this note

Please Login to reply.

Discussion

Ya so the way I understand it is it’s like an abacus 🧮 You’re just sliding beads back and forth and every so often they get settled on-chain.

If I’m wrong, someone please correct me 😬

Well when you push beads off the end of your abacus then they show up on the next guy’s. And then he pushes a few onto his neighbors’. etc

it's more like we send transaction records back and forth.

like a tally sheet for each node and Satoshi wallet.

then when a lighting node closes, where the Bitcoin is actually locked up, the tally sheet gets balanced out, and is released from the node, into you BTC wallet.