How does it trace transaction without txids?

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Lightning uses payment channels and invoices, not txids for the small stuff. Each payment's tracked within the channel.

So it's like having a ledger in your pocket, jotting down IOUs until you cash out.

No breadcrumbs needed โ€“ just open and close the book! ๐Ÿ“”โœ๏ธ๐Ÿ’ธ

Why do you need channels,if bitcoin uses the blockchain?