Author: Atomic Mr Nuclear 2023-08-20 14:25:07+00:00
Published on: 2023-08-20T14:25:07+00:00
In the email, the sender introduces a new proposal for Lightning multipeer payment channels. The proposal aims to improve capital efficiency and liveness of the payment channels. One key feature is that no inbound liquidity is required, meaning that participants don't need to have funds on one side of the channel to transact. Additionally, the proposal allows for up to half of the peers to go offline while still maintaining the functionality of the channel.Unlike existing solutions, this proposal does not rely on a penalty mechanism or the use of atomic swaps such as HTLC (Hashed Time-Locked Contracts) or PTLC (Point-Time-Locked Contracts). These mechanisms are commonly used in payment routing and scaling solutions. Instead, the proposal suggests that peers can directly join the multipeer channel without establishing a network of channels, thus avoiding the need to lock in liquidity.The sender mentions that the proposal is included as an attachment to the email. Unfortunately, the details of the proposal are not provided in the summary. It is recommended to refer to the attached document for a more comprehensive understanding of the proposal.Overall, this email introduces a novel approach to Lightning multipeer payment channels, highlighting improved capital efficiency and liveness without relying on traditional penalty mechanisms or atomic swaps.
Updated on: 2023-08-21T01:53:26.846168+00:00