Time, Bitcoin, and the Lightning Network

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by Joseph Poon | July 6, 2015


Slide deck from a presentation at a 2015 San Francisco Bitcoin developers meetup. Covers Bitcoin, timestamping, and ordering; financial systems and time; a quick refresher on the Lightning Network; a survey of time-related BIPs, and enforcing off-blockchain ordering of transactions on the Lightning Network.

Source: https://lightning.network


It’s possible to create channels that stay open an effectively unlimited amount of time. - Just keep revoking old transactions! With these channels as building blocks, payments can route over an untrusted network!

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