EPISODE · Mar 10, 2021 · 5 MIN
5.4 Privacy of Bitcoin Lightning Network || Chris Stewart & Nadav Kohen
from Join the Wasabikas - a Bitcoin Privacy Podcast · host Wasabi Wallet
Nadav Kohen [@Nadav_Kohen] explains that a Lightning Network channel opening looks on-chain like someone paid into a 2-of-2 multisignature. Taproot improves this, by utilizing Schnorr MuSig, where a multisignature looks like a single signature. In the future, a payment channel can settle more advanced things than “just” payments, like DLCs.
What this episode covers
Nadav Kohen [@Nadav_Kohen] explains that a Lightning Network channel opening looks on-chain like someone paid into a 2-of-2 multisignature. Taproot improves this, by utilizing Schnorr MuSig, where a multisignature looks like a single signature. In the future, a payment channel can settle more advanced things than “just” payments, like DLCs.
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5.4 Privacy of Bitcoin Lightning Network || Chris Stewart & Nadav Kohen
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