"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:
- 9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
- Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way!
- Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
-------------------------------------------------------------------
“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