But just to be clear, unlike the hypothetical "spreadsheet on a desktop" (even with signed transactions), Lightning has more cryptographic assurances than that.
It prevents the parties of a transaction from double-spending balances behind each other's backs.
It also doesn't require trusting the other party once a transaction has (almost instantaneously) completed.
It prevents the parties of a transaction from double-spending balances behind each other's backs.
It also doesn't require trusting the other party once a transaction has (almost instantaneously) completed.