Bitcoin Lightning Network Explained: How it Actually Works
Автор: CuriousInventor
Загружено: 2021-07-06
Просмотров: 107331
How the lightning 2nd layer enables fast and cheap Bitcoin transactions, including demos, payment channels, multi-hop payments, and challenges.
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Resources:
Bitcoin Lightning Protocol Deep Dive (protocol and script line-by-line walkthrough): • Bitcoin Lightning Transactions & Protocol ...
How Bitcoin Works Under the Hood: • How Bitcoin Works Under the Hood
bitcoin/lightning donation address: https://zbd.gg/scottyd
fiat support: / curiousinventor
0:00 Intro
0:28 Demonstration Sending Bitcoin via Lightning
0:44 Earning Bitcoin in eSports with Zebedee integration
1:46 Bar Tab Analogy
4:45 Payment Channel Setup & Operation
6:44 Protecting Initial Deposit
7:20 Invalidating Prior States
10:51 Individual Revocation Logic
12:15 Payment Channel Review
13:14 Multi-hop Payments & HTLCs (Hash Time Locked Contracts)
17:28 Privacy & Onion Routing
17:54 Conclusion and Challenges
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