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For open transactions, locktime is a delay we require on the other side's to-self commit transaction outputs to ensure we can cut them off if necessary. For HTLCs, it's an absolute expiry time. Signed-off-by: Rusty Russell <rusty@rustcorp.com.au>
Strawman protocol for lightning channels.
The wire protocol is documented in lightning.proto (a protobuf definition file).
There are command line utilities to create and process various packets in test-cli.
It requires features not currently in bitcoin, so it runs on top of the sidechain Elements Alpha
This is very much a testbed and work in progress; expect All The Things to change, all the time.
Cheers,
Rusty.