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2023-10-18 13:02:10
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Lightning Mailing List on Nostr: 🔖 Title: Batch exchange withdrawal to lightning requires covenants 🏷️ ...

🔖 Title: Batch exchange withdrawal to lightning requires covenants
🏷️ Categories: Lightning-dev

📝 Summary: A protocol is being developed to enable lightning withdrawals from exchanges to user wallets with minimal on-chain activity. This will involve using covenants to batch multiple transactions into one. However, implementing this solution will require multiple user signatures.

👥 Authors: • Antoine Riard ( Antoine Riard [ARCHIVE] (npub1vjz…x8dd) ) • Bastien TEINTURIER ( Bastien TEINTURIER [ARCHIVE] (npub17fj…tr0s) )

📅 Messages Date: 2023-10-17

✉️ Message Count: 2

📚 Total Characters in Messages: 8317

Messages Summaries

✉️ Message by Bastien TEINTURIER on 17/10/2023: A protocol is being designed to allow users to withdraw funds from exchanges directly into their lightning wallet with minimal on-chain activity. This requires the use of covenants to batch multiple transactions into one.

✉️ Message by Antoine Riard on 17/10/2023: Enabling lightning withdrawals from exchanges to user wallets efficiently requires the use of covenants. Batching multiple transactions into one is a possible solution, but it requires signatures from multiple users.

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Author Public Key
npub1j3t00t9hv042ktszhk8xpnchma60x5kz4etemnslrhf9e9wavywqf94gll