Replying to Avatar LN Capital

Schnorr sig aggregation is also a huge improvement to the Lightning Network.

The LN relies on 2-of-2 multisig transactions for channel opening.

With Schnorr aggregation, LN channel opens will look exactly the same as any other single-sig output on-chain.
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LN Capital 2y ago

And since LN channels inherit the privacy of the UTXOs used to fund them, this will be a huge improvement.

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LN Capital 2y ago

So can we use key aggregation today?

A draft BIP was just submitted to the Bitcoin Core repository.

https://twitter.com/real_or_random/status/1640337134199640065

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LN Capital 2y ago

The BIP still needs to be tested, but once approved by consensus, the community can begin to activate it.

The activation will ultimately be decided by the nodes on the network.

We hope to see key aggregation in the wild soon!

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LN Capital 2y ago

/end

We hope you learned something today.

Follow us @LN_Capital for more threads like these.

Also, if you run a Lightning node, be sure to check out Torq, link is in our bio!

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THE MAX 2y ago

Quality thread 🔥

Need a better way to display it on Nostr clients