Discreet Log Contracts on Lightning Network
In previous posts we have explained what Discreet Log Contracts (DLCs) are and why they are so great, and even gave a demo on a work in progress implementation. Today we are going to look into the future of DLCs …
Payment Points: Implementing Barrier Escrows
In the previous post, we discussed how to construct multi-payment Lightning contracts by using Barrier Escrows to make multiple payments atomic. In this post, we will discuss various ways of implementing Barrier Escrows and analyze their trade-offs. Payment Points Series: …
Payment Points and Barrier Escrows
In the previous post in our Payment Points series, we discussed the large class of contracts that can be created on a PTLC-based Lightning Network using monotonic access structures. In this post, we want to further develop the idea that …
Payment Points: Monotone Access Structures
In our past series about Payment Points on Lightning, we covered the foundations of Payment Points and explored some important features they enable. Replacing HTLCs “Stuckless” Payments Escrow Contracts Selling Signatures Barrier Escrows Implementing Barrier Escrows In this new series …
Discreet Log Contract Demonstration
For the past couple months, in collaboration with our friends at Crypto Garage, we have been working on implementing and creating a specification for Discreet Log Contracts (DLCs). We have written extensively about what DLCs are, how they work, and …
Lightning 201: Failover Node Demonstration
In our previous Lightning 201 posts we have explored a variety of considerations and challenges that need to be addressed to be able to properly failover over a Lightning node. Safely Access Remote Lightning Databases Failover Strategies For Lightning Nodes …
Advancing Bitcoin 2020 Review
Recently team members Chris Stewart and Nadav Kohen traveled to Advancing Bitcoin. This conference is designed to showcase technical innovations in the bitcoin/lightning space. We are going to highlight a few things we and other attendees talked about. Enterprise Lightning …
Crypto Hedging With Discreet Log Contracts
Investors trade options and forwards to make money. However, businesses use these financial instruments as a means to reduce and mitigate exposure to risks. The most common methods of hedging are through derivative instruments such as swaps, futures and options. …
Lightning 201: High Frequency Trading
Lightning 201 Series: Safely Access Remote Lightning Databases Failover Strategies For Lightning Nodes Lightning Latency Cryptocurrency markets are fundamentally different in market structure than traditional markets. One of the most unique things about bitcoin is the new market structure it …
Lightning 201: Lightning Latency
In previous Lightning 201 articles we have written about changing how our Lightning nodes database works. Currently both Eclair and C-lightning use a SQLite3 database by default to store information related to their channels. Since SQLite cannot be used as …