Read_773 - A Solution to Scaling Lightning

October 24, 2023 00:49:57
Read_773 - A Solution to Scaling Lightning
Bitcoin Audible
Read_773 - A Solution to Scaling Lightning

Oct 24 2023 | 00:49:57

/

Hosted By

Guy Swann

Show Notes

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and implementation instead of a half-defined and vague concept. That is massive progress in terms of addressing Lightning's long-term scaling limitations." — Shinobi

Today we dive into a cool proposal that takes advantage of covenants to build the first, practical implementation of a "lightning factory," or in other words, a way to create hundreds, even thousands of lightning channels taht exist entirely off chain and require only the most minimal footprint in the cases where things go wrong. Another great piece by Shinobi breaking down the technical developments that matter.

Check out the original article at: Bitcoin Magazine

If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast


Check out our amazing sponsors who make this show possible:

-------------------------------------------------------------------

“To believe in something, and not to live it, is dishonest.” ― Mahatma Gandhi

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 26, 2019 00:40:12
Episode Cover

CryptoQuikRead_299 - Announcing Olympus! From Fiat to Lightning in Seconds [Jack Mallers]

Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future...

Listen

Episode

July 14, 2020 00:26:51
Episode Cover

Read_418 - Bitcoin, More Than An Inflation Hedge [Nick Neuman]

"Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money...

Listen

Episode

December 07, 2023 01:15:10
Episode Cover

Ai Read_002 - A Coder Considers The Waning Days of the Craft

"Coding has always felt to me like an endlessly deep and rich domain. Now I find myself wanting to write a eulogy for it."...

Listen