What is Nostr?
PolyD_
npub1775…9jcw
2024-01-30 21:31:08
in reply to nevent1q…rzz5

PolyD_ on Nostr: The Cold Channel construct is a receive address, with spend paths that make it usable ...

The Cold Channel construct is a receive address, with spend paths that make it usable as a lightning channel with a chosen counterparty.
When you reveal these paths to them, it’s instantly ready to use - WITHOUT another on-chain transaction. You can now send the funds over LN.
Author Public Key
npub1775tuvua6h9mkmlqm3ragxpv3z3eegahhshydj36u2xq72vve9lsq29jcw