Before you get too exited : "
The paper is meant to be a proposal and not an official implementation, as the Lightning Network still has a ways to go. The idea of LN itself is to use off-chain payment
channels that mitigate transaction malleability and enhance speed. Smart contracts help maintain rules that are followed accordingly across the network with an LN implementation. " So we might have
to wait for a couple of years for this one. Still nice to see people trying to develop a workaround for the scaling problems.
