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Yeah pretty much. A lightning channel is a bit like putting money down as a retainer for a lawyer, or putting a deposit down in a hotel. The real transaction h
by philihp 3y ago
Yeah pretty much. A lightning channel is a bit like putting money down as a retainer for a lawyer, or putting a deposit down in a hotel.
The real transaction happens at the beginning, and another transaction happens at the end when the channel closes and we settle out who gets the remainder.