Self-contained explainer of the T6 model: what it is (a BTC channel whose state record
lives on the BCH chain instead of an LN node), how it works (clerk/bailiff — BCH records,
BTC settles), the step-by-step mechanics (open / transact / cooperative close / unilateral
exit + revocation penalty), how it differs from LN (state-record location → no node, no
lost-state, permissionless watchtower, two light wallets), the trust model (penalty as a
"BTC tax"; denial > penalty on BCH-native), LN interop (HTLC-capable T6 = LN channel with a
BCH watchtower; submarine swap to fund), what's validated on real coins, and why it matters.
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>