Simplifying revocation through a new opcode for general signature verification?



Summary:

The author proposes the introduction of a new opcode for signature verification for appropriately length-restricted messages as a means of simplifying the Lightning Network protocol. This would eliminate the need to maintain mirror images of transactions and reveal hash preimages. Instead, signing a message that revokes a previous balance with a hash and sequence number would suffice. The author questions whether they are overlooking anything and suggests that this new opcode has the potential to substantially simplify the LN protocol.


Updated on: 2023-05-23T23:00:06.978307+00:00