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transactions are what is happening on chain and technically speaking a data structure to be placed in the blocks of the bitcoin blockchain. While on the lightning network bitcoin transactions are being modified constantly and outside of the bitcoin network when making a payment we don't do transactions. At that point it is not important to understand the technical differences but I think we should already stick to the terminology that we will use later and throughout the book. Also added two sentences before the second sentence as I felt we went to the technical part / defintion too quickly. |
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README.md
Mastering the Lightning Network
Mastering the Lightning Network is an O'Reilly Media book, due for publication in Q4'2020, and announced on August 28th by authors Andreas M. Antonopoulos (@aantonop), Olaoluwa Osuntokun (@roasbeef), Rene Pickhardt (@renepickhardt).
The book describes the Lightning Network (LN), a Peer-to-Peer protocol running on top of Bitcoin and other blockchains, which provides near-instant, secure, micro-payments.
The book is suitable for technical readers with an understanding of the fundamentals of Bitcoin and other open blockchains.
Contributing
The authors welcome contributions to this book! Read the Guide to Contributing
Source and license
Mastering the Lightning Network is released under the Creative Commons CC-BY-NC-ND license, which allows sharing the source code for personal use only. You may read this book for free. You may not create derivatives (such as PDF copies), or distribute the book commercially. The full terms of the license can be found here:
Mastering the Lightning Network by Andreas M. Antonopoulos, Olaoluwa Osuntokun, Rene Pickhardt is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
It is expected that the book will be released under a more permissive CC-BY-SA license within a year of publication.