Comment on A Simple Explanation of the Lightning Network by danconiaus


“When a new payment channel is initiated, the nLockTime parameter (mentioned above) is essentially a refund that will be executed in a situation where the party receiving payments in the channel disappears or becomes unresponsive”

So, correct me if I’m wrong, but does that mean that the person who is supposed to get money (receiver) doesn’t end up getting paid? Will these LN transactions be prone to DOS attacks? So many questions and the white paper isn’t the best IMO.


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