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Payment channel

ELI5

A bar tab: many small charges, settled in one go.

Technical

XRP locked for fast off-ledger claims from payer to payee, settled on the ledger later.

Lessons

A payment the receiver pullsT7 · 4 min A tab you settle laterT9 · 4 min ClaimsT9 · 4 min Closing a channelT9 · 4 min Credentials as a gateI2 · 4 min