How to Update your Lightning Channel Balance ~ Bitcoin to the Max
World Crypto Network
Alice and Bob open a Lightning channel with 10 BTC. As Alice sends 1 BTC to Bob, they sign commitment transactions showing the new balance (Alice: 3, Bob: 7), but old commitments remain valid signatures. Each update includes a revocation secret: if either party publishes an old commitment, the other can spend all funds using that secret plus their signature. Receivers must stay online to enforce t
https://relay.towardsliberty.com/20dd0efb484d49f114bd686579fb2e1a8ce0cf5bd17190ba64dff80eafb5735c.mp4
World Crypto Network
Alice and Bob open a Lightning channel with 10 BTC. As Alice sends 1 BTC to Bob, they sign commitment transactions showing the new balance (Alice: 3, Bob: 7), but old commitments remain valid signatures. Each update includes a revocation secret: if either party publishes an old commitment, the other can spend all funds using that secret plus their signature. Receivers must stay online to enforce t
https://relay.towardsliberty.com/20dd0efb484d49f114bd686579fb2e1a8ce0cf5bd17190ba64dff80eafb5735c.mp4