edward on Nostr: Just wrote a new Lightning Focus article for BitcoinFocus diving deep into the latest ...
Just wrote a new Lightning Focus article for
BitcoinFocus (npub1fye…3djs) diving deep into the latest updates on the Lightning Network and the nostr protocol!
1️⃣ Stuck Transactions Issue: Within the Lightning Network, transactions sometimes get stuck. Traditional techniques like RBF (Replace-By-Fee) and CPFP (Child-Pays-For-Parent) have limitations. Enter Anchor Outputs. They act as a lifeline or emergency exit that enables quicker closure of your Lightning channels.
2️⃣ Lightning Development Kit (LDK): This is an open-source tool initially developed as rust-lightning by Matt Corallo in 2018. It simplifies the process of building Lightning functionality into Bitcoin apps, making it easier and more secure for developers.
3️⃣ LDK Evolution: Thanks to the efforts from Chaincode Labs and Spiral, LDK has rapidly evolved. It's robust, modular, and also mobile-friendly.
4️⃣ Mobile Focus: LDK concentrates on non-custodial Lightning nodes specifically for mobile devices, emphasizing enhanced privacy and sovereignty. Big apps like BlueWallet and CashApp are already leveraging this!
5️⃣ LSPs (Lightning Service Providers): Think of these as gateways to the Lightning Network. They play a critical role in enhancing liquidity and payment reliability on the Lightning Network.
6️⃣ You can check out the full write-up here:
https://bitcoinfocus.nl/2023/08/24/247-lightning-verbeteren-met-anchor-outputs/#LightningNetwork #nostr #Bitcoin
Published at
2023-08-30 19:59:29Event JSON
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"content": "Just wrote a new Lightning Focus article for nostr:npub1fyej2m42xz3sp88m8w28hf8a00akxw453z388n46869e9x699apspr3djs diving deep into the latest updates on the Lightning Network and the nostr protocol!\n\n1️⃣ Stuck Transactions Issue: Within the Lightning Network, transactions sometimes get stuck. Traditional techniques like RBF (Replace-By-Fee) and CPFP (Child-Pays-For-Parent) have limitations. Enter Anchor Outputs. They act as a lifeline or emergency exit that enables quicker closure of your Lightning channels.\n\n2️⃣ Lightning Development Kit (LDK): This is an open-source tool initially developed as rust-lightning by Matt Corallo in 2018. It simplifies the process of building Lightning functionality into Bitcoin apps, making it easier and more secure for developers.\n\n3️⃣ LDK Evolution: Thanks to the efforts from Chaincode Labs and Spiral, LDK has rapidly evolved. It's robust, modular, and also mobile-friendly.\n\n4️⃣ Mobile Focus: LDK concentrates on non-custodial Lightning nodes specifically for mobile devices, emphasizing enhanced privacy and sovereignty. Big apps like BlueWallet and CashApp are already leveraging this!\n\n5️⃣ LSPs (Lightning Service Providers): Think of these as gateways to the Lightning Network. They play a critical role in enhancing liquidity and payment reliability on the Lightning Network.\n\n6️⃣ You can check out the full write-up here: https://bitcoinfocus.nl/2023/08/24/247-lightning-verbeteren-met-anchor-outputs/\n\n#LightningNetwork #nostr #Bitcoin\nhttps://void.cat/d/7dbmdtAA4ZHoaKurEHaC5w.webp",
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