Bitcoin Explained - The Technical Side of Bitcoin
Episode 90: Asynchronous Lightning Payments
Feb 23, 2024
Jesse de Wit, a Breez developer, joins Aaron and Sjors to discuss asynchronous lightning payments, PTLCs, and Trampoline Payments. They explore the complexities of asynchronous payments in the Lightning Network, security advantages of PTLCs over HTLC, and the role of Lightning Service Providers. The episode also delves into Lightning Improvement Proposals, network compatibility, and challenges surrounding the implementation of asynchronous lightning payments.
36:59
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Quick takeaways
- Lightning Network evolving towards advanced topics like asynchronous payments.
- Trampoline payments in Lightning aim to improve routing efficiency and transaction privacy.
Deep dives
The Need for Safe Bitcoin Storage
Bitcoin holders face challenges in securely storing their Bitcoins due to the abundance of storage options like exchanges, wallets, and ETFs. Cold storage solutions like the Coldcard hardware wallet by Coin Kite offer security features such as supporting partially signed Bitcoin transactions, addressing the need for safe storage.
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