From joseph at lightning.network Thu Aug 13 20:06:37 2015 From: joseph at lightning.network (Joseph Poon) Date: Thu, 13 Aug 2015 13:06:37 -0700 Subject: [Lightning-dev] Pure No-Trust Solution using only OP_CLTV In-Reply-To: References: Message-ID: <20150813195040.GB17304@lightning.network> Hi Mats, Yes, I agree that this is a possibility. I had discussed this model of OP_CLTV without OP_CSV using a balance reserve on the mailing list, along with some caveats on the risks/effects of doing so. Message ID: 20150727193714.GA16768 at lightning.network Link: http://lists.linuxfoundation.org/pipermail/lightning-dev/2015-July/000070.html On Thu, Aug 13, 2015 at 08:37:18PM +0200, Mats Jerratsch wrote: > Joseph asked, what changes OP_CLTV would bring to my Thunder proposal, > and I started working out, how much is actually possible with only > CLTV implemented. I think very minor changes to the code would result in full lightning channels, as per Rusty's doc, yes. I think there will be huge benefits to Bitcoin if bitcoinj has an implementation ready when OP_CLTV/OP_CSV is implemented. -- Joseph Poon