Post
Topic
Board Development & Technical Discussion
Re: The Lightning Network FAQ
by
Wind_FURY
on 11/07/2019, 10:45:06 UTC
I would like some of your reactions/replies. Someone from Bitrefill once said that Lightning is like an "organized - serialized mempool". Any opinions?

I don't think this is a very good description, personally. The only notable similarity between a Lightning Network payment and an vanilla Bitcoin transaction seen in a node's mempool is that neither one has yet been confirmed in a block. There are significant distinctions between the two, though. For instance, the Lightning payment can be immediately used in a subsequent transaction without waiting for a block confirmation to occur.


But the coins are not yet settled in the blockchain, but "suspended" in payment channels. In another way, calling it an organized-serialized mempool is correct. Or maybe a zero-conf payment network? Cool