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SLP349 Chris Stewart Bitcoin DLCs & Stablechannels

Stephan Livera Podcast

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On Chain D L Cs - What's the Difference Between Cooperative and Non Cooperative?

In deal cs, this is concept of c e t, contract execution transaction. With lightning, d l cs, ys, you have this output on your lightning channel,. The oracle attest of the signatures, a test to what the bi queen price was. In the co operative case, y, of course, we just net it. But in the non-co operative case, we have to go to the block chain and then based off o that commitment transaction, we spend the d l c output on that commitment transaction along with our h t l c that may have been in flight. And that's the a. beauty of d l c is, if you have the oracle

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