Imagine a future where a user Alice has bitcoins and wants to send them
with maximal privacy, so she creates a special kind of transaction. For
anyone looking at the blockchain her transaction appears completely
normal with her coins seemingly going from address A to address B. But
in reality h
Hello World,
There was some discussion about BIP 47 on twitter recently:
https://twitter.com/BitcoinQ_A/status/1356177927285714946
BIP 47 improves privacy however there are a few reasons why its less used:
1.Some developers consider it spams Bitcoin without improving anything:
https://twitter.c
> Continuous operation of the sidechain then implies a constant stream of
> 32-byte commitments, whereas continuous operation of a channel factory, in
> the absence of membership set changes, has 0 bytes per block being published.
The sidechain can push zero bytes on-chain, just by placing a sid
On 2/28/2022 1:49 AM, ZmnSCPxj wrote:
...
...
Perhaps, someone will invent a way, to LN-onboard WITHOUT needing new layer1
bytes.
If so, a "rich man" could open a LN channel, and gradually transfer it to new
people.
Such a technique would need to meet two requirements (or, so it seems to m
