From 764313b4ca69eb61ab03f2da8917bccf4d6ffbbb Mon Sep 17 00:00:00 2001 From: 8go Date: Sat, 20 Jun 2020 09:37:42 +0000 Subject: [PATCH] ch03: Added monetary limit to commonality of BTC and Lightning (#260) * Added monetary limit to commonality of BTC and Lightning As an alternative a new paragraph could be added with title "Monetary Limit" but I thought that adding two sentences to the "Monetary Unit" section would be enough. * ch03: adjusted to incorporate comment --- 03_how_ln_works.asciidoc | 2 ++ 1 file changed, 2 insertions(+) diff --git a/03_how_ln_works.asciidoc b/03_how_ln_works.asciidoc index b1acdd0..b079ab5 100644 --- a/03_how_ln_works.asciidoc +++ b/03_how_ln_works.asciidoc @@ -734,6 +734,8 @@ When settled on-chain, it must be settled in "satoshis". Both the Bitcoin network and the Lightning network use the same monetary units: bitcoins. Lightning payments use the very same bitcoins as Bitcoin transactions. +As an implication, because the monetary unit is the same, also the economic monetary limit is the same: 21 million bitcoins. +From these 21 million bitcoins, some are locked in 2-out-of-2 multisig addresses so that they can enable a payment channel on the Lightning Network. ==== Irrevocability