Edited 03_how_ln_works.asciidoc with Atlas code editor

3 years ago · 11e5ee5a1d
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@ -101,6 +101,7 @@ As we saw in the previous chapter, Alice used her wallet software to create a pa

 * If the channel is open, making a payment does not require the confirmation of Bitcoin blocks. In fact&#x2014;as long as you and your channel partner follow the protocol&#x2014;it does not require any interaction with the Bitcoin network or anyone else other than your channel partner.

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 * The cryptographic protocol is constructed such that there is little to no trust needed between you and your channel partner. If your partner becomes unresponsive or tries to cheat you, you can ask the Bitcoin system to act as a "court," resolving the smart contract you and your partner have previously agreed upon.

 * Payments made in a payment channel are only known to you and your partner. In that sense, you gain privacy compared to Bitcoin, where every transaction is public.  Only the final balance, which is the aggregate of all payments in that channel, will become visible on the Bitcoin blockchain.