"If you ask me how much trust is right for the Lightning economy, the answer will always be less." - Roy Sheinfeld
Today we dig into the recently implemented reverse submarine swaps in the breez lightning service. One of the many tools we have for both mitigating, and also building trust in the new economy. How exactly do submarine swaps work, what's a HODL invoice, what might they mean for the future of Lightning, and how is Breez using them? All this any more in today's article by Roy Sheinfeld!
Check out the original below and be sure to drop some claps over at Medium:
https://medium.com/breez-technology/reverse-submarine-swaps-another-step-towards-a-p2p-lightning-economy-bacb040fdca7
"The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active...
"I believe that in the open /attention/ information economy we find ourselves in, value will mostly derive from effective curation, dissemination, and transmission of...
"It was around this time — 1997, close to the [cypherpunk mailing] list’s peak popularity — that Back submitted his Hashcash proposal." @AaronvanW @BitcoinMagazine...