1.0OpenNode Bloghttps://blog.opennode.com/blogOpenNode Teamhttps://blog.opennode.com/blog/author/opennode_self/Closing Transaction - OpenNode Blogrich600338<blockquote class="wp-embedded-content" data-secret="OwvRtPin8O"><a href="https://blog.opennode.com/blog/glossary/closing-transaction/">Closing Transaction</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://blog.opennode.com/blog/glossary/closing-transaction/embed/#?secret=OwvRtPin8O" width="600" height="338" title="“Closing Transaction” — OpenNode Blog" data-secret="OwvRtPin8O" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Closing Transaction The closing transaction is how two parties end a payment channel. This transaction spends the funding output and splits funds within the channel based on the final channel state which is agreed on by both parties in the channel. The closing transaction is one of two Lightning Network transactions that occur on the ...