Bitcoin Q&A: Lightning and Onion Routing
aantonop aantonop
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 Published On Jan 11, 2018

How will Lightning Network(s) improve scalability and privacy in Bitcoin? What is the Basis of Lightning Technology (BOLT) interoperability standard? How many implementations are there? Onion-routed, anonymous payments payments. Are there centralisation risks?

Note: In this video I said, "There is also a company called Lightning Network", but I misspoke. The company name is "Lightning Labs". As I explained, the Lightning Network is an open protocol, like Bitcoin, and is a collaboration between 6 teams & companies producing open source software to a common specification.

Chapters
0:00 How confident are you that lightning networks will bring the desired scalability and security to the network?
0:35 I've already been running a beta test software
1:04 Bolt
2:30 Companies that's been doing interoperability testing
4:15 Onion routing protocol
6:38 Will lightning itself become centralized? Are there particular incentives to run a hub?
8:58 Lightning Network Daemon

lnd (Lightning Labs), c-lightning (Blockstream), eclair (ACINQ):
https://github.com/lightningnetwork/l...
https://github.com/ElementsProject/li...
https://github.com/ACINQ/eclair

Integration tests: https://cdecker.github.io/lightning-i...

BOLT RFC - https://github.com/lightningnetwork/l...

Onion Routing implementation - https://github.com/LightningNetwork/l...

This was part of the first monthly live Patreon Q&A session on November 27th, 2017. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron:   / aantonop  

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop   / aantonop  
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations...

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq
French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-large...
Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomi...
Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK

Music: "Unbounded" by Orfan (  / orfan  )
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Join the aantonop Channel: https://aantonop.io/joinaantonopyt

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