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Payment channels (sometimes referred as micropayment channels) are a type of smart contracts that allow rapidly adjusting bitcoin transactions. This can be used to do trustless simultaneous payments with a service provider without the need of an intermediary, and some other applications.\n\nSee [the main bitcore repo][bitcore] or the [bitcore guide on Payment Channels](http://bitcore.io/guide/module/channel/index.html) for more information.\n\n## Contributing\n\nSee [CONTRIBUTING.md](https://github.com/bitpay/bitcore/blob/master/CONTRIBUTING.md) on the main bitcore repo for information about how to contribute.\n\n## License\n\nCode released under [the MIT license](https://github.com/bitpay/bitcore/blob/master/LICENSE).\n\nCopyright 2013-2015 BitPay, Inc. Bitcore is a trademark maintained by BitPay, Inc.\n\n[bitcore]: https://github.com/bitpay/bitcore\n[channel]: https://bitcoin.org/en/developer-guide#micropayment-channel\n","readmeFilename":"README.md"}