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

January 23, 2020 01:00:32
Episode Cover

CryptoQuikRead_343 - Introduction to the Efficient Market Hypothesis for Bitcoiners [Nic Carter]

"So is the halving “priced in” or will it be a catalyst for appreciation? [...] I consider it patently absurd that a change in...

Listen

Episode

June 22, 2020 01:19:36
Episode Cover

Read_407 - The Bullish Case for Bitcoin [Vijay Boyapati]

"the adoption of a superior form of money has tremendous multiplicative benefits to wealth creation for all members of a society." - Vijay Boyapati...

Listen

Episode

August 04, 2023 02:37:45
Episode Cover

Ai_006 - Evil, Intelligence & Value with Dhruv Bansal

Today we delve into a captivating topic, as we explore the potential relationship between AI and evil. My guest Dhruv Bansal brings his profound...

Listen