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* Updates to the channel are made atomic, and consistent via a proxy object: “ChannelUpdate” which encapsulates an update transaction. Only one update transaction may be outstanding at any time. * Update transactions are initiated via AddHTLC or SettleHTLC. * Once a transaction has been begun, in order to complete the update the transaction must first be presented with a signature from the counter-party for our new version of the commitment tx (VerifyNewCommitmentSigs), and finally to atomically commit the transaction, the counterparty’s pre-image to their previous revocation hash must be validate (Commit).
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