Listening to an essay from 1997 that details specific challenges of something as distant as the smart contract embedded into the Lightning Network shows the unbelievable foresight of the cypherpunks. As well as the dedication to seeing their vision become a reality. Don’t miss the continuation of Szabo’s amazing piece, “Formalizing and Securing Relationships on Public Networks.” Link to the Nakamoto Institute for hosting this incredible work: https://nakamotoinstitute.org/formalizing-securing-relationships/ Don't forget to check out the many different elements discussed in the commentary if you want to learn more. Neutrino: https://cryptoconomy.life/2018/10/18/neutrino-the-lighter-side-of-lightning/ Eltoo: https://cryptoconomy.life/2018/05/01/eltoo-a-simplified-update-mechanism-for-lightning/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Cypherpunks write code! Last year we received a published paper detailing the advantages of the new MuSig Multisignature Scheme, this year we get the code.  From the incredible minds at Blockstream, don't miss an exciting development in cryptographically securing and verifying ownership among increasingly complex & private groups of individuals. To explore numerous links and further reading, as well as the other amazing work from Blockstream, check out the full article below: https://blockstream.com/2019/02/18/musig-a-new-multisignature-standard/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message