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| domain | lightning.network |
| summary | **Summary:** - A network of two-party ledger entries can be created to facilitate payments. - Similar to routing packets on the internet, a path across this network can be found for transferring funds. - The nodes (intermediaries) along this path are not trusted, as: - Payment is enforced using a script that ensures atomicity. - Either the entire payment succeeds or fails. - Time-locks decrement to prevent double-spending. |
| title | Lightning Network |
| description | Lightning Network |
| keywords | network, lightning, transactions, smart, payment, possible, contract, ledger, entry, instant, payments, using, participants, contracts, individual, chain, party |
| upstreams | |
| downstreams | creativecommons.org |
| nslookup | A 104.21.12.149, A 172.67.194.235 |
| created | 2024-02-23 |
| updated | 2025-05-08 |
| summarized | 2025-05-08 |
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