[bisq-network/proposals] Off-chain BTC trading using Lightening Network (#134)

[ExPrgrmmr]

> _This is a Bisq Network proposal. Please familiarize yourself with the [submission and review process](https://docs.bisq.network/proposals.html)._

<!-- Please do not remove the text above. -->

The Lightning Network is a cryptocurrency "Layer 2" payment protocol that operates on top of the blockchain. Lightening nodes form a mesh network where repeated bidirectional payments can take place. Only the opening and closing of a channel is registered on the blockchain.

The use-case in question is on a marketplace (i.e. Bisq) usually with 2-of-3 multisig tx using escrow. The payment channel is administered by the marketplace. The payment channel is used here for a single payment only. This results in one more blockchain transaction compared to direct wallet-wallet transfer.

The main reason for adopting it is that it implies a trading protocol in a standardized and recognized way.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/134
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20191104/43e25d2f/attachment-0001.html>