deen

04 September 2020

Podcast Knowledge Session: friendly scamming with the Lightning network

Dr Lewin Boehnke

Dr Lewin Boehnke

CTO at Crypto Storage AG and Head of Research at Crypto Finance AG

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Yes, the title is clickbait. No, we did not actually scam anybody and it is not really possible to do so (although we have a sneaking suspicion that some players are attempting just what is described in this episode).

Lightning’s distinct topology is not as intuitive as bitcoin’s simple ‘broadcast every information to everybody’ approach. That is the perceptual disadvantage of its better algorithmic scaling.

In this hands-on session, Dr Lewin Boehnke, Crypto Finance Head of Research, discusses this topology and the implications for routing, overall fee, and fee-gaming ideas.

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