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Bitcoin Dev Archive 2023

Nucleus: Capital-efficient multipeer Lightning payment channels

1 message, 20 Aug 2023. Started by Atomic Mr Nuclear.

Atomic Mr Nuclear

Permalink Original thread on gnusha.org

Atomic Mr Nuclear permalink original

Dear community,

In the attachment you will find a new proposal for Lightning multipeer payment channels which provides better capital efficiency (no inbound liquidity is required) and liveness (up to half of peers may go offline and the channel can continue to operate). It also doesn't rely on a penalty mechanism and doesn't require the use of atomic swaps (HTLC, PTLC etc) and routed payments for scaling (peers can directly join the multipeer channel instead of establishing a network of channels locking in the liquidity).

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Atomic Mr Nuclear