Lightning Network contracts

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Smart Contract
gptkbp:basedOn Hashed Time-Locked Contracts
gptkbp:enables trustless transactions
payment channels
atomic swaps
off-chain Bitcoin transactions
multi-hop payments
bidirectional payment channels
off-chain settlement
https://www.w3.org/2000/01/rdf-schema#label Lightning Network contracts
gptkbp:improves scalability of Bitcoin
gptkbp:provides instant settlement
gptkbp:reduces blockchain congestion
gptkbp:requires Bitcoin multisignature addresses
preimage for payment claim
gptkbp:supports micropayments
privacy in payments
routing of payments
gptkbp:usedIn gptkb:Lightning_Network
gptkbp:uses hash-locks
time-locks
gptkbp:bfsParent gptkb:Bitcoin_Script
gptkbp:bfsLayer 8