<<  >> (p.2)
    Author Topic: Why some people think Lightning Network centralizes BTC?  (Read 1831 times)
    CIYAM
    Legendary
    *
    Offline Offline

    Activity: 1890
    Merit: 1111


    Ian Knowles - CIYAM Lead Developer


    View Profile WWW
    November 16, 2015, 11:17:08 AM
     #21

    you do need to lock your bitcoins, that way LN would trust you to then do offchain tx's.

    That locking would be done using CLTV not using the mempool (so the locked funds *are* in the blockchain as a tx output).

    Using the mempool would be rather silly as that isn't in any way guaranteed.

    With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

    GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
Page 1
Viewing Page: 2