Conner Fromknecht Head of Cryptographic Engineering at Lightning Labs, joins me to go in depth on Bitcoin Lightning Watchtowers. Understand how Bitcoin’s Lightning Network keeps channel participants honest and how Watchtowers can help:
- How Lightning Network’s punishment model works without watchtowers
- Where watchtowers come in and how they work
- Why watchtowers can’t steal your bitcoins
- Scalability of watchtowers
- Privacy
- Funding and operation model
- LND v0.7 features
Conner Fromknecht links:
- Twitter: https://twitter.com/bitconner
- Github: https://github.com/cfromknecht
- Lightning Labs website (Developer Slack sign up link on this page): https://lightning.engineering/
Sponsor links:
- Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera
- Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate
Podcast Transcript (done by Michael Folkson): http://diyhpl.us/wiki/transcripts/stephan-livera-podcast/2019-06-24-conner-fromknecht-stephan-livera/