Lightning Pool

Lightning Pool Whitepaper

TL;DR

  1. Lightning Pool Account Creation: Lifts UTXO
    • Satoshis are locked in (including fees)
    • Signing, broadcast, wait for confirmations
  2. Send bid/ask orders (over GRPC?)
  3. Auctioneer (aka Orchestrator) Matchmaking: Construct and Propose Block
    • Price clearing (when fees are taken), list of leases (block creation on the shadow chain)
  4. Traders Validate and Partially Sign LCLs
  5. Auctioneer Signs LCL and Publishes

Notes mentioning this note

Lightning Network Liquidity
Multi-Path Payments (MPPs) splits payments into smaller parts and allows those parts to be and move in different places simultaneously....
Lightning Pool
Lightning Pool Whitepaper