The Lightning network is a new protocol layer that not only has implications for Bitcoin payments, but could hugely impact many altcoins, decentralized exchanges, and the nature of crypto payments for the entire ecosystem.  Learn more about its benefits from another of Aaron van Wirdum's excellent articles with Bitcoin Magazine.Link to the article on Bitcoin Magazine:https://bitcoinmagazine.com/articles/atomic-swaps-how-the-lightning-network-extends-to-altcoins-1484157052/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Lightning is a fascinating protocol with enormous potential, but also many challenges.  A nee mechanism for updating channel states may work to solve some of Lightning’s biggest challenges.  Learn more from the announcement by Cristian decker on Blockstream.comLink to the article:https://blockstream.com/2018/04/30/eltoo-next-lightning.htmlLink to the eltoo paper:https://blockstream.com/eltoo.pdfLink to the paper describing channel factories:https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message