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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!

https://twitter.com/i/spaces/1yNGaZaYOWbJj

Bitcoin Optech: Newsletter #270 Recap

https://fountain.fm/episode/HfbVOJMrDfIiFPGigjv8

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