👉 Some key technical Lightning updates in 2020 - Advancing Bitcoin
Inspired by a tweet, the folks over at Advancing Bitcoin have summarised the big technical updates to lightning implementations that have been rolled out in 2020 so far. ️
- Watchtowers - A service that watches the blockchain for you.
- Lightning Loop (previously Submarine Swaps) A service that gets your funds in and out of the lightning network easily.
- LSAT - Authentication and Payments for the lightning-Native Web.
- LNURL - A standard built on top of lightning to improve the user flow.
- WUMBO - Bigger channels.
- Keysend - Get paid without an invoice.
- Multi part payments (MPP) - Optimised payment routing.
- Point Hash Time Lock(PTLC) - Fancy contracts.