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Nadav Kohen and Payment Points - Episode 7
MP3•Episode home
Manage episode 257474549 series 2609717
Content provided by Chaincode Labs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chaincode Labs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In Episode 7, we chat with Nadav Kohen of Suredbits and discuss payment points as an alternative to HTLCs on the Lightning Network.
In this conversation we cover:
- Payment points (1:55)
- Blog post part 1
- HTLCs (2:00) - Timelocks (4:16)
- HTLC drawbacks (5:38)
- Payment decorrelation
- Wormhole attack presented in Anonymous Multi-Hop Locks for Blockchain Scalability and Interoperability (6:35) - Point time lock contracts (PTLCs) (9:50)
- Adaptor signatures on Schnorr - Proof of payment (13:25)
- Invoiceless transactions (15:05)
- Hashes, pre-images, and HTLC mechanics (16:35)
- Onion analogy (18:55)
- PTLC mechanics (19:30)
- Why don’t we use PTLCs today? (22:15)
- Lightning in Scriptless Scripts posting by Andrew Poelstra March 2017
- Improving proof of payment (26:10)
- Stuckless payments (30:46)
- Spam on Lightning (35:46)
- Selling Signatures and Schnorr signatures off the main chain (36:55)
- Contingent payments (39:20)
- Escrow contracts (41:28)
- Atomic multiparty setup and payment renegotiation (46:02)
- ETA of payment points (48:02)
Thanks as always to Matthew Zipkin for the sound engineering.
34 episodes
MP3•Episode home
Manage episode 257474549 series 2609717
Content provided by Chaincode Labs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chaincode Labs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In Episode 7, we chat with Nadav Kohen of Suredbits and discuss payment points as an alternative to HTLCs on the Lightning Network.
In this conversation we cover:
- Payment points (1:55)
- Blog post part 1
- HTLCs (2:00) - Timelocks (4:16)
- HTLC drawbacks (5:38)
- Payment decorrelation
- Wormhole attack presented in Anonymous Multi-Hop Locks for Blockchain Scalability and Interoperability (6:35) - Point time lock contracts (PTLCs) (9:50)
- Adaptor signatures on Schnorr - Proof of payment (13:25)
- Invoiceless transactions (15:05)
- Hashes, pre-images, and HTLC mechanics (16:35)
- Onion analogy (18:55)
- PTLC mechanics (19:30)
- Why don’t we use PTLCs today? (22:15)
- Lightning in Scriptless Scripts posting by Andrew Poelstra March 2017
- Improving proof of payment (26:10)
- Stuckless payments (30:46)
- Spam on Lightning (35:46)
- Selling Signatures and Schnorr signatures off the main chain (36:55)
- Contingent payments (39:20)
- Escrow contracts (41:28)
- Atomic multiparty setup and payment renegotiation (46:02)
- ETA of payment points (48:02)
Thanks as always to Matthew Zipkin for the sound engineering.
34 episodes
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