Replying to Avatar Vortex | CTV | LNHANCE

One of the main changes needed on L1 would be the addition of covenants.

This enables scaling on L1 via UTXO sharing and scaling on L2 via non-interactive channels and channel factories.
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galegoo⚡ 1y ago

have no idea what covenants are, will read about it

URXO sharing also confuses me. is that an UTXO that can be spent by multiple pubkeys?

have to read more about lightning channels, they still confuse me

thank you for the information ⚡️

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Vortex | CTV | LNHANCE 1y ago

UTXO sharing involves multiple people having unique private keys to the same UTXO. LN is kind of an example already of UTXO sharing where 2 parties are sharing the same UTXO but this could scale that much higher.

Please read more info from following links:

utxos.org

hashrateindex.com/blog/op-ctv-bip-119-guide/