Bi-directional micropayment channels with CHECKLOCKTIMEVERIFY



Summary:

Micropayment channels have a limitation where payments can only flow in one direction. The original protocol designed by Satoshi did not have this limitation, but it has evolved over time due to ad-hoc DoS fixes. While these fixes were necessary, a different approach based on resource prioritisation and scheduling may eventually be implemented, allowing for the original design to be safely brought back to life.


Updated on: 2023-06-09T15:18:29.680142+00:00