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

February 21, 2023 01:01:21
Episode Cover

Read_703 - The Banks Are So F**ked – [Callebtc]

"Here is a little story of how I built a #Bitcoin Lightning payments app used by more than 10,000 users at the time running...

Listen

Episode

September 20, 2018 00:19:35
Episode Cover

CryptoQuikRead_154 - Electric Money [Bitcoin's POW #4 - LaurentMT]

“No equation, no chart in this fourth part. Just a short discussion about the total cost of Bitcoin’s PoW. It will offer us the...

Listen

Episode

June 07, 2023 01:07:55
Episode Cover

Read_738 - The Fruit of the Nostr Tree [Guy Swann]

"Nostr isn't just a social network, in a similar way that Bitcoin isn't just a transaction network. Both of these things are true, but...

Listen