Questions tagged [eltoo]
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Eltoo channel - can opening be off-chain
In Eltoo the set-up phase is similar to Lightning. You fund a n-of-n multisig (usually 2-of-2). Of course you don't want to publish this until you have a bail-out possibility - called "settlement ...
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Does Eltoo eliminate the need to watch the blockchain/implement Watchtowers
Reading Blockstream's introduction article on Eltoo and one paragraph says:
[..] in eltoo all participants share a common set of transactions, unlike LN-penalty, which requires asymmetry in which ...
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Lightning Network: asymmetry in the information tracked by each participant?
In following paper, written by Christian Decker et al., there is a paragraph that is not clear to me.
eltoo: A Simple Layer2 Protocol for Bitcoin
"The central idea of Lightning is to invalidate ...
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1answer
98 views
What are the pitfalls of repurposing the nLocktime field for backward compatability in eltoo?
In the eltoo proposal for paymentchannel management with less overhead proposed by Christian Decker et al. the update transactions need to be ordered. In chapter 4.1.2 of the proposal it is described ...