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dido:public:ra:xapend:xapend.a_glossary:p:payment_channel [2021/08/09 14:09] murphy |
dido:public:ra:xapend:xapend.a_glossary:p:payment_channel [2021/10/04 13:40] (current) 50.19.247.197 ↷ Links adapted because of a move operation |
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| ===== Payment Channel ===== | ===== Payment Channel ===== | ||
| - | [[dido:public:ra:xapend:xapend.a_glossary| Return to Glossary ]] | + | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] |
| **Payment Channel** is a medium between two or more parties that allows them to transact [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|bitcoins]] amongst them a number of times without sending all these transactions to the base layer, i.e., Bitcoin’s [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]]. | **Payment Channel** is a medium between two or more parties that allows them to transact [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|bitcoins]] amongst them a number of times without sending all these transactions to the base layer, i.e., Bitcoin’s [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]]. | ||