What is Nostr?
fiatbad /
npub12mx…hu4n
2024-01-21 19:44:47
in reply to nevent1q…zkfd

fiatbad on Nostr: Well that just blows my mind. Normally, when a channel is closed, it's settled as two ...

Well that just blows my mind.

Normally, when a channel is closed, it's settled as two on-chain utxos, one for each side of the channel, into their respective wallet.

Now, you're telling me we never have to settle on-chain? Without new utxos, how is it settled at all? What does it mean to settle up "out of band"?
Author Public Key
npub12mxc3z28grjte79ae54vr86477f79gpmzsh5mv8q4vufprdgre9qcqhu4n