Nodes should aim to have balanced channels with similar inbound and outbound capicities.
bech32::
A Base-32 + checksum bitcoin address format that is native to segregated witness. Also known as "bc1" address by starting letters. Specified in BIP-0173.
A checksummed base32 address format. It is native to segregated (BIP173). Also referred to as "bc1" because of the starting values of each address. Transactions made using bech32 are smaller in most cases, and therefore, may only require a lower fee.
bip::
Bitcoin Improvement Proposals. A set of proposals that members of the bitcoin community have submitted to improve bitcoin. For example, BIP-21 is a proposal to improve the bitcoin uniform resource identifier (URI) scheme.
bitcoin::
The name of the currency unit (the coin), the network, and the software.
Depending on context, bitcoin could refer to the name of the currency unit (the coin), the network, or the underlying enabling protocol.
Bitcoin Mining::
Bitcoin mining serves two purposes.
@ -52,10 +52,7 @@ Blockchain::
New blocks have a statistical probability of being produced every ten minutes.
BOLT::
BOLT is an acronym for Basics Of Lightning Technology.
The formal specification of the Lightning Network Protocol is called Basics Of Lightning Technology.
It is located at https://github.com/lightningnetwork/lightning-rfc .
This is different to Bitcoin where the reference implementation bitcoin core serves the purpose of being the specification.
BOLT, or Basics Of Lightning Technology, is the formal specification of the Lightning Network Protocol. It serves only as such without delving into implementation, unlike bitcoin, in which both are one and the same. It is available in its entirety on the lightning network's github page, in the lightning-rfc repository.
Breach Remedy Transaction::
A transaction claiming the outputs of a Revocable Sequence Maturity Contract with the help of the revocation key.
Andreas M. Antonopoulos
5 years ago
committed by
GitHub