Lightning Network Terms
- Node: The server that is used to communicate with other nodes on the network, maintain payment channels, and send/receive payments.
- Macaroon: A form of credentials used to authenticate to LND's APIs.
- API Endpoint: The domain at which your node's API is located for access.
- Channel: A payment channel between two nodes on the network used to facilitate payments.
- Channel Backup: A file containing the necessary information to reclaim funds in a disaster.
- Peers: Another node on the network that we are connected to.
- Graph: The global payments channels of the Lightning Network used to route payments.
- Gossip: The communication of channel and node updates to other peers on the network.
- gRPC: A modern open source high performance Remote Procedure Call (RPC) framework for APIs.
- REST: An application programming interface that conforms to the constraints of REST architecture.
- Public Key (PubKey): a public portion of a keypair that's used to identify your node on the network.
- URI: The combination of your node's PubKey and Tor connection string or Clearnet IP Address.
- Alias: A human readable identifier for your node.
- Watchtower: A server that watching your payment channels to ensure no one steals funds.
- Keysend: Allows any node to send a payment to any other (online) node without requiring an invoice.
- AMP: Stands for Atomic Multi Path Payment.
- Wumbo: A channel that does not have a limit on the maximum size.
- Circular Routes: The ability to send and receive a payment on the same channel.
Last modified 3mo ago