"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
With thousands of ICOs and altcoins out there, how on earth can we tell a difference? And are they all better and faster versions,...
"Financial Cryptography is substantially complex, requiring skills drawn from diverse and incompatible, or at least, unfriendly, disciplines. Caught between Central Banking and Cryptography, or...
"We believe the core of the cultural fissure between crypto and bitcoin comes down to financialization. While the ethos of bitcoin is to definancialize,...