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Relates to #131: Change definition of Lightning network

This commit is contained in:
Andreas M. Antonopoulos 2020-02-14 09:59:24 -06:00
parent 81dbdd9149
commit c9a5e04c46

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@ -33,7 +33,7 @@ As we start exploring the Lightning Network, we will encounter some technical te
Node:: A computer that participates in a network. A LN node is a computer that participates in the Lightning Network. A Bitcoin node is a computer that participates in the Bitcoin Network. Typically a Lightning Network user will run a LN node and a Bitcoin node.
Blockchain:: A distributed transaction ledger, produced by a network of computers. Bitcoin, for example, is a system that produces a blockchain. The Lightning Network is not itself a blockchain, nor does it produce a blockchain, it is a network that relies on existing blockchains for its security.
Blockchain:: A distributed transaction ledger, produced by a network of computers. Bitcoin, for example, is a system that produces a blockchain. The Lightning Network is not itself a blockchain, nor does it produce a blockchain, it is a network that relies on an existing blockchain for its security.
Transaction:: A data structure that records the transfer of control over some funds (e.g. some bitcoin). The Lightning Network relies on Bitcoin transactions (or those of another blockchain), to track control of funds.