Christian Decker Explores Channel Factories - LNJ047

Transcript: https://sicksub.network/LNJ047Transcript This is the 47th episode of the Lightning Junkies podcast. In this episode we have Christian Decker, the final boss of the Lightning Network or otherwise known as Dr. Bitcoin. He’s known to have been very early in the development of Bitcoin and has authored some important papers related to Eltoo and Channel Factories among others. He’s currently working for Blockstream as a core protocol researcher. Thanks to Anthony Ronning for contributing questions for this episode. We talk about: 0:00 - Intro 5:28 - Christian Transitioning from BTC to Lightning Network 7:39 - The Evolution of the Lightning Network 23:04 - Multiparty Channels/Channel Factories 29:43 - Schnorr/Signature Aggregations Oh my! 33:20 - Are Channel Factories where we are headed? 35:22 - Would Channel Factories help with privacy? 41:02 - Multiparty Channel Trust and Complications 44:49 - Will Bitcoin’s Block Size be increased? 45:43 - Reasons why a layered approach is taken vs Block Size Increase 49:24 - Low Bandwidth Mesh Networks 51:32 - Use Case for Meshnets 58:22 - Lightning Network Privacy 1:04:55 - Other Privacy Enchanments 1:15:53 - The Pessimistic Outlook 1:16:57 - The Optimistic 1:19:10 - Call to Action Christian Decker Website: http://snyke.net/publications/ His Twitter: https://twitter.com/Snyke Eltoo Paper: https://blockstream.com/eltoo.pdf Channel Factories Paper: https://nakamotoinstitute.org/static/docs/scalable-funding-of-bitcoin-micropayment-channel-networks.pdf Support us here: https://lightningjunkies.net/support Lightning Junkies Merch: https://store.lightningjunkies.net Follow the Lightning Junkies blog: https://lightningjunkies.net Follow Lightning Junkies on Twitter: https://sicksub.network/LNJunkies Follow Chaz on Twitter: https://sicksub.network/TheChaz Follow Lightning Cat on Twitter: https://sicksub.network/LNJCat