Edited glossary.asciidoc with Atlas code editor

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kristen@oreilly.com 3 years ago
parent 0febdb0f46
commit d536fa65f7

@ -97,7 +97,7 @@ commitment transaction::
A commitment transaction is a Bitcoin transaction, signed by both channel partners, that encodes the latest balance of a channel.
Every time a new payment is made or forwarded using the channel, the channel balance will update, and a new commitment transaction will be signed by both parties.
Importantly, in a channel between Alice and Bob, both Alice and Bob keep their own version of the commitment transaction, which is also signed by the other party.
At any point, the channel can be closed by either Alice or Bob if they submit their commitment transaction to the Bitcoin blockchain.
At any point, the pass:[<span class="keep-together">channel</span>] can be closed by either Alice or Bob if they submit their commitment transaction to the Bitcoin blockchain.
Submitting an older (outdated) commitment transaction is considered _cheating_ (i.e., a protocol breach) in the Lightning Network and can be penalized by the other party, claiming all the funds in the channel for themselves, via a penalty transaction.
confirmations::
@ -195,14 +195,14 @@ invoice::
Invoices can also include a fallback Bitcoin address to which the payment can be made in case no route can be found, as well as hints for routing a payment through a private channel.
just-in-time (JIT) routing::
Just-in-time (JIT) routing is an alternative to source-based routing that was first proposed by coauthor René Pickhardt.
Just-in-time (JIT) routing is an alternative to source-based routing that was first pass:[<span class="keep-together">proposed</span>] by coauthor René Pickhardt.
With JIT routing, intermediary nodes along a path can pause an in-flight payment to rebalance their channels before proceeding with the payment.
This might allow them to successfully forward payments that might otherwise have failed due to a lack of outgoing capacity.
Lightning message::
A Lightning message is an encrypted data string that can be sent between two peers on the Lightning Network. Similar to other communication protocols, Lightning messages consist of a header and a body. The header and the body have their own HMAC. Lightning messages are the main building block of the messaging layer.
Lightning Network, Lightning Network Protocol, Lightning Protocol::
Lightning Network, Lightning Network Protocol, pass:[<span class="keep-together">Lightning Protocol</span>]::
The Lightning Network is a protocol on top of Bitcoin (or other cryptocurrencies).
It creates a network of payment channels which enables the trustless forwarding of payments through the network with the help of HTLCs and onion routing.
Other components of the Lightning Network are the gossip protocol, the transport layer, and payment requests.

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