On Tue, Aug 11, 2015 at 1:46 PM, Michael Naber via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote: > Note that lightning / hub and spoke do not meet requirements for users > wishing to participate in global consensus, because they are not global > consensus networks, since all participating nodes are not aware of all > transactions.
You don't need consensus on the lightning network because you are using bitcoin consensus anyway. Commitment transactions are deep enough in the blockchain history that removing that transaction from the history is impractical. The remaining guarantees are ensured by the properties of the scripts in the transaction. You don't need to see all the transactions, but you do need to look at the transactions you are given and draw conclusions based on the details to see whether their commitments are valid or the setup wasn't broken. - Bryan http://heybryan.org/ 1 512 203 0507 _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
