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| -rw-r--r-- | README.md | 13 |
1 files changed, 11 insertions, 2 deletions
@@ -4,8 +4,17 @@ Everything you need to work with the Lightning Network in a dense and concise fo ## Channels -- **Local balance** - outgoing liquidity -- **Remote balance** - incoming liquidity +- **Local balance**: outgoing liquidity +- **Remote balance**: incoming liquidity + +Payments are attempted in two phases: + +- Pathfinding: traversing the channel graph and finding a path to the destination node +- Routing: attempting to actually send funds on a given path. + +Public graph information includes channel capacity and fees, and is known in **path finding** phase. + +Private graph information includes the current liquidity balance, and can only be discovered if a payment succeeds or fails on a **routing** attempt. ### Fees |