Bitcoin Optech #304: Upgrading LN Channels Without Closing & Reopening & More
This issue covers proposals for upgrading LN channels without closing/reopening them, appropriate payouts for pool miners, safe usage of PSBTs for communicating about silent payments, and announces a proposal of a BIP for miniscript, and more.
This issue:
- summarizes analysis of upgrading LN channels without closing/reopening them;
- discusses challenges ensuring pool miners are paid appropriately;
- links to discussion about using PSBTs for silent payments;
- announces proposed miniscript BIP;
- summarizes a proposal for frequent rebalancing of an LN channel to simulate a futures contract;
- summarizes changes to services/client software;
- adds a pooled mining topic;
- "Bitcoin Optech will host an audio recap discussion of this newsletter with special guests Andrew Toth, Antoine Poinsot, and Tony Klausing on Twitter/X Spaces Monday at 14:30 UTC. Join us to discuss or ask questions!"
