BitShares Forum

Main => General Discussion => Topic started by: mf-tzo on May 06, 2015, 08:20:20 am

Title: Bitcoin lighting network
Post by: mf-tzo on May 06, 2015, 08:20:20 am
No idea what this is about and most probably irrelevant but just thought to post here so maybe Devs can grab any ideas that we could use..

If irrelevant feel free to move or even delete the post

http://lightning.network/lightning-network-paper-DRAFT-0.5.pdf

Title: Re: Bitcoin lighting network
Post by: spartako on May 06, 2015, 12:47:36 pm
I enjoyed their presentation a lot:
https://www.youtube.com/watch?v=8zVzw912wPo

I think the general idea behind it is very interesting.
The blockchain is a scarse resource and it should be used only for main events (like open a payment channel with a low trusted party) then almost every transaction occurs offline and if every parties are following the "rules" nothing is stored in blockchain, otherwise if someone misbehave the blockchain is used for obtaining "justice".
Title: Re: Bitcoin lighting network
Post by: CLains on May 06, 2015, 05:18:08 pm
Great presentation :)