Alice and the intermediary set up a special
type of payment channel, while Bob and the intermediary set up a payment channel as well.
One of Plooy's first points had to do with Amiko Pay's ability to offer more flexibility when it comes to
the types of payment channels that can be found on the network:
Not exact matches
We provide an «on - device» Application Store for device vendors, applications to these niche markets, based on geographic location, devices,
payment method or even
types of applications that users can't find in traditional
channels.
State
channels allow for a
payment channels that are off chain and allow for updates to any
type of applications that have a change
of state.
Moreno Sanchez's work, conducted with four other Purdue researchers, presented two implementations
of payment channels based on a new
type of smart contract, while Miers» was an iteration
of work first introduced in 2016, now more relevant given that the Lightning Network is closer to launch.
The introduction
of payment channels, specifically the
type first described by the Lightning Whitepaper (which introduced the