Bitcoin Optech newsletter #270 is here:
- describes a proposal to use covenants to significantly improve LN’s scalability
- summarizes popular Q&A from Stack Exchange
- Optech Newsletter #270 Recap on Twitter Spaces
https://bitcoinops.org/en/newsletters/2023/09/27/
John Law posted to the Bitcoin-Dev and Lightning-Dev mailing lists the summary of a paper he’s written about creating very large channel factories using covenants and managing the resultant channels using adaptations of several previous protocols he’s described...
https://bitcoinops.org/en/newsletters/2023/09/27/#using-covenants-to-improve-ln-scalability
Selected Q&A from Bitcoin Stack Exchange:
- How did peer discovery work in Bitcoin v0.1?
- Could reorgs cause Bitcoin to break because of the 2-hour block time restriction?
- Is there a way to download blocks from scratch without downloading block headers first?
- Where is the 21 million hard cap stated? - Are blocks containing non-standard transactions relayed through the network?
- When does Bitcoin Core allow you to “Abandon transaction”?
https://bitcoinops.org/en/newsletters/2023/09/27/#selected-qa-from-bitcoin-stack-exchange
Bitcoin Optech will host an audio recap discussion of this newsletter with special guest Anthony Towns on Twitter Spaces Thursday at 15:00 UTC. Join us to discuss or ask questions!
