Mastering the Lightning Network : A Second Layer Blockchain Protocol for Instant Bitcoin Payments

Andreas M Antonopoulos

ISBN 10: 1492054860 / ISBN 13: 9781492054863

Published by O'reilly Media Jan 2022, 2022

About this Item

Neuware - Launched in early 2018, the Lightning Network (LN) is rapidly growing in users and capacity. This second-layer payment protocol works on top of Bitcoin and other cryptocurrencies to provide near-instantaneous transactions between two parties. With this practical guide, authors Andreas M. Antonopoulos, Olaoluwa Osuntokun, and Rene Pickhardt explain how this advancement will enable the next level of scale for Bitcoin, increasing speed and privacy while reducing fees. Ideal for developers, systems architects, investors, and entrepreneurs looking to gain a better understanding of LN, this book demonstrates why experts consider LN a critical solution to Bitcoin's scalability problem. You'll learn how LN has the potential to support far more transactions than today's financial networks, ushering in an era of global micro-transactions at sub-second resolution. In several parts, this book examines: The challenges of scaling blockchain technology and why the Lightning Network was invented LN basics including wallets, nodes, and lightning payments Lightning payment channels and how they work Routing payments by constructing paths of payment channels from sender to recipient, including onion routing, and atomic multi-path payments Lightning developments such as eltoo, Schnorr signatures, HODL invoices, JIT routing, channel splicing, and channel factories Building applications on Lightning (Lapps). Seller Inventory # 9781492054863

Bibliographic Details

Title: Mastering the Lightning Network : A Second ...

Publisher: O'reilly Media Jan 2022

Publication Date: 2022

Binding: Taschenbuch

Condition: Neu