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kn0wmad
2021-12-06 15:11:27 -07:00
committed by Lucy Cifferello
parent 4165ff66e7
commit 55799130a9
9 changed files with 59 additions and 26 deletions
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source/knowledgebase/concepts/bitcoin-lightning.rst
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@@ -32,7 +32,7 @@ The word "wallet" has come to mean a lot of things, depending on who you ask and
(4) BRANCH WALLETS - This is how Specter uses the word wallet, and it is causing a lot of confusion. Whenever you create a new "wallet" in specter, you are actually creating a new hierarchical deterministic branch of your mnemonic seed - or in the case of multisig, multiple seeds. The branch you create can be based on "purpose" (segwit, non-segwit, single-sig, multi-sig, etc), "coin type" (Bitcoin, Doegecoin, etc), or "account" (for personal accounting). Change any of these parameters, and you have yourself a new wallet, which again is just a different branch of the same mnemonic seed that potentially abides by a different set of rules. Perhaps a better name for this concept is "bank". Instead of "wallets", you should be able to create different "banks" from your seed.
.. _lightning:
.. _lightning-network:
Lightning Network
=================