The article compares the Lightning Network to "Theseus's Ship", raising the question of whether the essence of the network changes when its components are replaced.

Key components of the Lightning Network

Essentially, #lightningnetwork is a network of payment channels where users lock Bitcoin into multi-signature addresses and update transaction balances off-chain. This is a crucial solution for scaling Bitcoin.

However, specific components of the Lightning Network, such as how to set up channels, route payments, or manage liquidity, can change.

Channel design: Currently, Lightning uses the Poon-Dryja channel, but proposals such as "timeout trees" or LN-Symmetry could replace this mechanism.

Payment forwarding protocol: HTLCs (Hash Time-Locked Contracts) are the current mechanism, but other solutions like PTLCs (Point Time-Locked Contracts) or "packetized payments" could also be used.

Routing protocol: The current gossip protocol can be completely replaced by new methods such as Ant Routing, without needing a network map.

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The essence of the Lightning Network

The article concludes that the Lightning Network is not a set of fixed components, but a core idea: updating off-chain fund distribution agreements, while ensuring that the latest version can always be executed on-chain if necessary. The tools and methods to achieve this goal may and will change over time. This flexibility is essential for the network to continue scaling, addressing inherent issues, and enabling Bitcoin to function as a more effective currency. #anh_ba_cong

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