[bitcoin-dev] Parameters in BIP21 URIs

2023-09-08 Thread kiminuo via bitcoin-dev
[Formatted version of this post is here: https://gist.github.com/kiminuo/cc2f19a4c5319e439fc7be8cbe5a39f9] Hi all, BIP 21 [https://github.com/bitcoin/bips/blob/master/bip-0021.mediawiki] defines a URI scheme for making Bitcoin payments and the purpose of the URI scheme is to enable users to ea

[bitcoin-dev] Scaling Lightning With Simple Covenants

2023-09-08 Thread jlspc via bitcoin-dev
TL;DR = * The key challenge in scaling Lightning in a trust-free manner is the creation of Lightning channels for casual users. - It appears that signature-based factories are inherently limited to creating at most tens or hundreds of Lightning channels per UTXO. - In contrast, simple cov

[bitcoin-dev] Actuarial System To Reduce Interactivity In N-of-N (N > 2) Multiparticipant Offchain Mechanisms

2023-09-08 Thread ZmnSCPxj via bitcoin-dev
(N > 2) Multiparticipant Offchain Mechanisms Introduction The blockchain layer of Bitcoin provides an excellent non-interactivity: users can go offline, then come online, synchronize, and broadcast transactions to the mempool. Always-online miners then get the transactions and add