iris
Post by Toxic Bitcoiner
Toxic Bitcoiner
Even if all CTV did was make it so LSPs couldnโ€™t force-close-rug you, it would still be a tremendous upgrade.
2
2
0
๐•ž๐•ช๐•ก๐•’๐•ฅ๐•™๐•ฅ๐• ๐•—๐•š๐•ฃ๐•–
What is it?
1
0
0
Toxic Bitcoiner
Youโ€™d predetermine where funds will be (automatically) sent to upon channel close, ie. To an address you control.
2
0
0
High Heel King
This is the best simple explanation of what a covenant can do, that I've seen
0
0
0
Walt Munny
It already works like that
1
0
0
Toxic Bitcoiner
IIRC I heard Guy Swann explain this a few times a while back with CTV, so Iโ€™m definitely missing something with how it makes LSPs more trustless.
0
0
0