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Merge pull request #385 from ImranLorgat/patch-11

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Glossary - Fees
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Andreas M. Antonopoulos 2020-09-02 08:49:28 -04:00 committed by GitHub
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@ -182,10 +182,9 @@ ephemeral key::
Even if an ephemeral key leaks, only information about a single payment becomes public. Even if an ephemeral key leaks, only information about a single payment becomes public.
fees:: fees::
The sender of a transaction often includes a fee to the network for processing the requested transaction. In the context of Bitcoin, the sender of a transaction includes a fee paid to miners for including the transaction in a block.
Not to be confused with a routing fee for payments on the Lightning Network. In the context of the Lightning Network, nodes will charge routing fees for forwarding other users' payments.
Nodes on the Lightning Network are allowed to take a routing fee for forwarding payments. Individual nodes can set their own fee policies which will be calculated as the sum of a fixed _base_fee_ and a _fee_rate_ which depends on the payment amount.
The routing fee is the sum of a fixed _base_fee_ and a _fee_rate_ which depends on the payment amount.
funding transaction:: funding transaction::
The funding transaction is used to open a payment channel. The funding transaction is used to open a payment channel.