From ac270b5c4b7fdf17ce58c14d2cfc08a9ac7def20 Mon Sep 17 00:00:00 2001 From: "kristen@oreilly.com" Date: Fri, 15 Oct 2021 06:06:32 -0700 Subject: [PATCH] Edited 03_how_ln_works.asciidoc with Atlas code editor --- 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 3e4949d..69971a3 100644 --- a/03_how_ln_works.asciidoc +++ b/03_how_ln_works.asciidoc @@ -233,7 +233,7 @@ The timelock is set to a number of blocks up to 2016 (approximately two weeks). The timelock is adjustable and can be negotiated between channel partners. Usually, it is longer for larger capacity channels, and shorter for smaller channels, to align the incentives with the value of the funds. -For every new update of the channel balance, new commitment transactions and new revocation secrets have to be created and saved. As long as a channel remains open, all revocation secrets _ever created_ for the channel need to be kept as they might be needed in the future. Fortunately, the secrets are rather small and it is only the channel partners who need to keep them, not the entire network. Furthermore, due to a smart derivation mechanism used to derive revocation secrets we only need to store the most recent secret, because previous secrets can be derived from it (see <>.) +For every new update of the channel balance, new commitment transactions and new revocation secrets have to be created and saved. As long as a channel remains open, all revocation secrets _ever created_ for the channel need to be kept as they might be needed in the future. Fortunately, the secrets are rather small and it is only the channel partners who need to keep them, not the entire network. Furthermore, due to a smart derivation mechanism used to derive revocation secrets we only need to store the most recent secret, because previous secrets can be derived from it (see <>). Nevertheless, managing and storing the revocation secrets is one of the more elaborate parts of Lightning nodes that require node operators to maintain backups.