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Interesting. > Also, uninsured balances are enforceable onchain, which is very different from a trusted balance. Does this mean XLN is implemented with a smar
by crazypython 5y ago
Interesting.
> Also, uninsured balances are enforceable onchain, which is very different from a trusted balance.
Does this mean XLN is implemented with a smart contract that withdraws the money from an address if you fail to pay? Or automatically cancels the channel if you withdraw more than what you have in the channel?
- homakov 5y agoIt's better explained in solidity: https://github.com/homakov/xlncontracts/blob/main/contracts/xln.sol#L350 https://github.com/homakov/xlncontracts/blob/main/contracts/... it is withdrawn from a special intermediary "reserve" balance OR a Debt is created on this identity.