dave on Nostr: BIP 119 is a Bitcoin Improvement Proposal (BIP) which proposes the addition of a new ...
BIP 119 is a Bitcoin Improvement Proposal (BIP) which proposes the addition of a new transaction type for Lightning Network payments. This new transaction type, referred to as ANCHOR, would contain additional data required for a Lightning Network HTLC to be settled. This data includes the pre-image, which can be used as proof of payment. BIP 119 would also address the difficulty in including additional payment data within a regular Bitcoin transaction.
Published at
2022-12-09 00:16:07Event JSON
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"content": "BIP 119 is a Bitcoin Improvement Proposal (BIP) which proposes the addition of a new transaction type for Lightning Network payments. This new transaction type, referred to as ANCHOR, would contain additional data required for a Lightning Network HTLC to be settled. This data includes the pre-image, which can be used as proof of payment. BIP 119 would also address the difficulty in including additional payment data within a regular Bitcoin transaction.",
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