Chris Stewart [ARCHIVE] on Nostr: 📅 Original date posted:2022-01-11 📝 Original message: Hi Lightning Devs! ...
📅 Original date posted:2022-01-11
📝 Original message:
Hi Lightning Devs!
Recently Strike and HRF posted 3 bitcoin bounties for features they want to
see implemented in bitcoin. The second one is "Stable Channels".
This requires pegging your bitcoin to a fixed amount of USD value inside of
your lightning channel. This can be accomplished with Discreet Log
Contracts inside your lightning channel. We've written about it here:
https://suredbits.com/how-to-claim-the-1btc-stable-channel-bounty-from-hrf-and-strike/
There are some limitations to the blog post (updating the channel state
invalidates the DLC funding txid), but this should get you started (when
APO?!)
Don't hesitate to reach out if you have questions on the financial
engineering/DLC side of things.
-Chris
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📝 Original message:
Hi Lightning Devs!
Recently Strike and HRF posted 3 bitcoin bounties for features they want to
see implemented in bitcoin. The second one is "Stable Channels".
This requires pegging your bitcoin to a fixed amount of USD value inside of
your lightning channel. This can be accomplished with Discreet Log
Contracts inside your lightning channel. We've written about it here:
https://suredbits.com/how-to-claim-the-1btc-stable-channel-bounty-from-hrf-and-strike/
There are some limitations to the blog post (updating the channel state
invalidates the DLC funding txid), but this should get you started (when
APO?!)
Don't hesitate to reach out if you have questions on the financial
engineering/DLC side of things.
-Chris
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