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Ethereum: One volume payment compared to multiple hops payments **
As a beginner who learns about the Lightning network, one of the most frequently asked questions is “What is one hop and multiple hops to Ethereum?” In this article, we will get into the differences between the two types of payment to help you understand how they work .
Payments of one exchange
Payment of one volume is a type of transaction in the Ethereum network, where the sender proposes to transfer value from your wallet to another user. The recipient accepts the funds directly without creating other networks or relays.
This is an example: Alice wants to send Bob 10 ether (ETH) and can use a lightning network for this without creating many knots.
Multiple Hop Payments
On the other hand,
Multiple HOP payment is a type of transaction in which several transactions must be made gradually. The sender proposes two transactions: one that shifts the value from their wallet to another user (first HOP) and the second, which recalculates the value using multiple network nodes (the other HOP).
Here is an example: Alice sends 10 ether to Bob, but also wants to send 5 ETH Charlie. In order to get these funds from Bob to Charlie, she will have to follow two separate transactions: one from Boba to the relay node (Hop 1) and the other from the relay node to Charlie (HOP 2).
Main differences
So what are the main differences between one exchange and several hops on Ethereum?
* Effectiveness : One replacement payments are usually faster and more efficient because they do not require more transactions to gradually happen. Several payments may be slower due to additional transactions and latency.
* relay nodes : Only one relay node is involved in a single payment transaction. In several hops payments, each hop requires its own relay node, which increases the number of nodes needed for the transaction.
* Transaction fee
: Multi-hop payments often have a higher transaction fee associated with the necessary additional nodes.
Conclusion
In conclusion, the difference between one exchange and several hops in the Ethereum network is essential to create a robust and effective decentralized application (DAPP) using a lightning network. While one exchange payment offers faster implementation times and lower transmission costs, multiple hops pay more safety and reliability thanks to the additional protective layer provided by multiple relay nodes.
I hope this article will help you understand the basics of one exchange and multiple hops in Ethereum!