Payment channels
A payment channel lets participants update balances off-chain while retaining the ability to settle the latest valid state on Bitcoin.
Why it matters
A payment channel lets participants update balances off-chain while retaining the ability to settle the latest valid state on Bitcoin.
Key ideas
- A payment channel lets participants update balances off-chain while retaining the ability to settle the latest valid state on Bitcoin.
- This topic belongs to California Bitcoin’s scaling knowledge layer.
- Use primary and technical sources where possible, and distinguish protocol facts from market narratives.