v2 Opens aka Dual Funding Officially Merged into Lightning Network Specifications
Dual funding allows creation of Lightning payment channels where both parties can contribute funds. V2 channel establishment protocol may also be used for negotiated opening of single-funded channels, but its motivating purpose is providing support for dual funding.
- "After almost 4+ years, 487 comments from 19 reviewers...the spec proposal for adding v2 opens (aka dual-funding) to lightning is officially merged as spec in LN," announced @niftynei.
"Doing spec work is a really long process, that requires so much work and input from lots of different stakeholders. It's probably the hardest type of work a programmer can do, and I'm so so thrilled that we got this over the finish line! Huge thanks to Bastien Teinturier, Rusty Russell, Dustin Dettmer, Matt Morehouse and countless others for their review and input on the spec."
- "What's next? splicing and liquidity ads," added the developer.
Huge milestone! You can now expect to start using dual funding in the next releases of cln and eclair 😎 https://t.co/UbUnIiLZQo
— t-bast (@realtbast) February 14, 2024
Check out this video to learn more about Dual Funded channels.
