What Are Hashed TimeLock Contracts (HTLCs)? Applications In Bitcoin Payment Channels

In this presentation we talk about Hashed Timelock Contracts (HTLCs) which have an application in payment channels and atomic swaps.

We go through an example in which we talk about how do these work in a Bitcoin payment channel.

HTLC Bitcoin Wiki : https://en.bitcoin.it/wiki/Hashed_Timelock_Contracts

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