Author: Matt Corallo 2020-01-27 15:15:10
Published on: 2020-01-27T15:15:10+00:00
The Lightning Network requires proof-of-funds-locked mainly for DoS resistance, effectively rate-limiting flooding the global routing table with garbage. Matt Corallo suggests that non-lightning "channels" (eg just a contractual agreement to settle up later between two mutually-trusting parties) would actually be quite compelling. In general proving 2-of-2 multisig UTXO ownership doesn't do much to prevent route hijacking to begin with, so it shouldn't be much different. A potential problem may arise if a channel is opened whereby the channel capacity is not revealed publicly but just a range proof of the attribute (capacity >0 and capacity Updated on: 2023-05-23T02:56:26.636141+00:00