Skip to content

Commit

Permalink
Merge pull request lnbook#86 from Meshugah/develop
Browse files Browse the repository at this point in the history
Glossary Changes
  • Loading branch information
aantonop authored Nov 28, 2019
2 parents a4ada69 + c48e56c commit 3ce10cc
Showing 1 changed file with 3 additions and 6 deletions.
9 changes: 3 additions & 6 deletions glossary.asciidoc
Original file line number Diff line number Diff line change
Expand Up @@ -28,13 +28,13 @@ Balance::
Nodes should aim to have balanced channels with similar inbound and outbound capicities.

bech32::
A Base-32 + checksum bitcoin address format that is native to segregated witness. Also known as "bc1" address by starting letters. Specified in BIP-0173.
A checksummed base32 address format. It is native to segregated (BIP173). Also referred to as "bc1" because of the starting values of each address. Transactions made using bech32 are smaller in most cases, and therefore, may only require a lower fee.

bip::
Bitcoin Improvement Proposals. A set of proposals that members of the bitcoin community have submitted to improve bitcoin. For example, BIP-21 is a proposal to improve the bitcoin uniform resource identifier (URI) scheme.

bitcoin::
The name of the currency unit (the coin), the network, and the software.
Depending on context, bitcoin could refer to the name of the currency unit (the coin), the network, or the underlying enabling protocol.

Bitcoin Mining::
Bitcoin mining serves two purposes.
Expand All @@ -52,10 +52,7 @@ Blockchain::
New blocks have a statistical probability of being produced every ten minutes.

BOLT::
BOLT is an acronym for Basics Of Lightning Technology.
The formal specification of the Lightning Network Protocol is called Basics Of Lightning Technology.
It is located at https://github.com/lightningnetwork/lightning-rfc .
This is different to Bitcoin where the reference implementation bitcoin core serves the purpose of being the specification.
BOLT, or Basics Of Lightning Technology, is the formal specification of the Lightning Network Protocol. It serves only as such without delving into implementation, unlike bitcoin, in which both are one and the same. It is available in its entirety on the lightning network's github page, in the lightning-rfc repository.

Breach Remedy Transaction::
A transaction claiming the outputs of a Revocable Sequence Maturity Contract with the help of the revocation key.
Expand Down

0 comments on commit 3ce10cc

Please sign in to comment.