The Lightning Network
by Joseph Poon and Thaddeus Dryja | 2015-02-23
Description
A presentation at a 2015 San Francisco Bitcoin developers meetup discussing Bitcoin's scaling problems and potential solutions. Explains payment channels and hashed time-lock contracts.
Source: https://lightning.network
Excerpt
Blockchain transactions can be circuits instead of packets: Only uncooperative channels get broadcast early on the blockchain Nearly all transactions occur off-chain securely with near-zero custodial default risk Creating new channels are infrequent
Download & Related
| Date Published | Title | Page Count |
|---|---|---|
| 2016-01-14 | The Bitcoin Lightning Network v0.5.9.2
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| 2015-07-06 | Time, Bitcoin, and the Lightning Network
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| 2015-05-26 | Bitcoin Scalability Solutions
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| Unknown | Lightning Network Summary
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| Unknown | The Lightning Network Technical Design Overview
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