Bitcoin Q&A: Does the Lightning Network have proof-of-stake elements?
3,017 views · Published 24 January 2017 · 1:10 · Indexed 22 September 2026
Channel: aantonop · 2017 · Science & Technology
Keywords/phrases: The layers of Bitcoin. Lightning Network as a hybrid second layer mechanism with proof-of-stake elements to route transactions over Bitcoin. Watch the full talk! https://youtu.be/P6F1vTG_hA0 CORRECTION: At 0:35, I talk about bitcoin being "locked up" in Lightning channels and how this resembles proof-of-stake. This terminology is a bit misleading and may not correctly convey the nature of channels. https://twitter.com/roasbeef/status/1078315508204781568 https://bitcoinmagazine.com/articles/bitcoins-are-not-tied-up-on-the-lightning-network-say-creators-poon-and-dryja-1460559591/ This is part (Q&A-2) of a talk which took place on October 19th 2016 at the Bitcoin Wednesday Meetup in Amsterdam, Netherlands: https://www.meetup.com/BitcoinWednesday/events/234498117/ Join the aantonop Channel: https://aantonop.io/joinaantonopyt
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