5.5 How do Bitcoin Lightning Network payments work
Wasabi Wallet
Lightning routes multi-hop payments using Hash Time Locked Contracts (HTLCs): off-chain contingent payments secured by cryptographic secrets. Intermediaries commit to paying downstream only after receiving upstream commitment to pay them, preventing them from absorbing losses—they can always forward the secret and claim upstream payment. Successful payments trigger secret reveals that cascade back
https://relay.towardsliberty.com/21586b1c04c171909f984f659f462da2c32e40d1e2664c1eff04ebd8f7812ca5.mp4
Wasabi Wallet
Lightning routes multi-hop payments using Hash Time Locked Contracts (HTLCs): off-chain contingent payments secured by cryptographic secrets. Intermediaries commit to paying downstream only after receiving upstream commitment to pay them, preventing them from absorbing losses—they can always forward the secret and claim upstream payment. Successful payments trigger secret reveals that cascade back
https://relay.towardsliberty.com/21586b1c04c171909f984f659f462da2c32e40d1e2664c1eff04ebd8f7812ca5.mp4