Bitcoin Q&A: Lightning and onion routing


How will Lightning Network(s) improve scalability and privacy in Bitcoin? What is the Basis of Lightning Technology (BOLT) interoperability standard? How many implementations are there? Onion-routed, anonymous payments payments. Are there centralisation risks?

Andreas Note: In this video I said, “There is also a company called Lightning Network”, but I misspoke. The company name is “Lightning Labs”. As I explained, the Lightning Network is an open protocol, like bitcoin, and is a collaboration between 6 teams & companies producing open source software to a common specification.

lnd (Lightning Labs), c-lightning (Blockstream), eclair (ACINQ):
https://github.com/lightningnetwork/lightning-rfc/blob/master/00-introduction.md
https://github.com/ElementsProject/lightning
https://github.com/ACINQ/eclair

Integration tests: https://cdecker.github.io/lightning-integration/

This was part of the first monthly live Patreon Q&A session on November 27th, 2017. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

RELATED:
The Lightning Network – https://youtu.be/vPnO9ExJ50A
Bitcoin, Lightning, and Streaming Money – https://youtu.be/gF_ZQ_eijPs
Running nodes and payment channels – https://youtu.be/ndcfBfE_yoY
What is the role of nodes? – https://youtu.be/fNk7nYxTOyQ
Lightning, full nodes, and miners – https://youtu.be/dlJG4OHdJzs
Atomic swaps – https://youtu.be/fNFBA2UmUmg
Microfinance and streaming money – https://youtu.be/xs6hUcfuX9w
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
SegWit, scaling, and consensus – https://youtu.be/Jc7mrR6AAto
Lightning Network without SegWit? – https://youtu.be/wqbQJ82Hf0s
Scaling is a moving target – https://youtu.be/pT9kJq_Ogrk
Altcoins and the scaling debate – https://youtu.be/slbpdW-H3yk
Introduction to the Internet of Money – https://youtu.be/rc744Z9IjhY
Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0
Worse Than Useless: Financial Surveillance – https://youtu.be/n4F-h4xuXMk

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

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