pull down to refresh
Taproot is a different protocol to Lightning so how does it tap into it
They are rebuilding their lightning implementation on top of Taproot, ie their onchain transactions optionally make use of Taproot.
Does this mean existing channels need to be closed and opened as taproot channels to reap the benefits?
I think it’s fine to take advantage of taproot privacy on a go forward basis to avoid the fee impact of closing channels all at once
Check out Dynamic Commitmentshttps://github.com/lightningnetwork/lnd/issues/7878
https://github.com/ProofOfKeags/bolts/blob/extension/dynamic-commitments/ext-dynamic-commitments.md
It means any new channels you create can be these simple taproot channels. It doesn't sound like you can upgrade existing channels.
Although I wonder if somehow you could splice into an upgrade when lnd has splicing (I don't know enough about splicing).
That would make sense to me
FYI the taproot channels are only available for private channels (currently).
Updated! looking for those memory fixes and the watchtower improvements.
An update to work with
Taproot is a different protocol to Lightning so how does it tap into it
They are rebuilding their lightning implementation on top of Taproot, ie their onchain transactions optionally make use of Taproot.
Does this mean existing channels need to be closed and opened as taproot channels to reap the benefits?
I think it’s fine to take advantage of taproot privacy on a go forward basis to avoid the fee impact of closing channels all at once
Check out Dynamic Commitments
https://github.com/lightningnetwork/lnd/issues/7878
https://github.com/ProofOfKeags/bolts/blob/extension/dynamic-commitments/ext-dynamic-commitments.md
It means any new channels you create can be these simple taproot channels. It doesn't sound like you can upgrade existing channels.
Although I wonder if somehow you could splice into an upgrade when lnd has splicing (I don't know enough about splicing).
That would make sense to me
FYI the taproot channels are only available for private channels (currently).
Updated! looking for those memory fixes and the watchtower improvements.
An update to work with