From 9150cbe80367be38f056b3f6c3889fa6e17ab649 Mon Sep 17 00:00:00 2001 From: "Andreas M. Antonopoulos" Date: Wed, 29 Jul 2020 09:40:57 -0400 Subject: [PATCH] Fixes to edit review --- 03_how_ln_works.asciidoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/03_how_ln_works.asciidoc b/03_how_ln_works.asciidoc index 0a3a9c2..1887b30 100644 --- a/03_how_ln_works.asciidoc +++ b/03_how_ln_works.asciidoc @@ -173,7 +173,7 @@ Initially Alice owns 100k satoshi, the entirety of the funds in the channel. Her By following this protocol, Alice does not give up ownership of her 100k satoshi even though the funds are sent to a 2-of-2 multisignature address for which Alice controls only one key. If Bob stops responding to Alice she will be able to broadcast her commitment transaction and receive her funds back. -Her only costs are the fees for the two on-chain transactions. +Her only costs are the fees for the on-chain transactions. As long as she follows the protocol this is her only risk when opening a channel. After this initial exchange, commitment transactions are created each time the channel balance changes. In other words, each time a payment is sent between Alice and Bob, new commitment transactions are created and signatures are exchanged. Each new commitment transaction encodes the latest balance between Alice and Bob.