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Home/Books/Web Commerce/Digital Banking/Cryptocurrency/Blockchain/Mastering the Lightning Network: A Second Layer Blockchain Protocol for Instant Bitcoin Payments (Paperback)

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Mastering the Lightning Network:
A Second Layer Blockchain Protocol for Instant Bitcoin Payments (Paperback)

Author: Andreas M. Antonopoulos , Olaoluwa Osuntokun , René Pickhardt

Andreas M. Antonopoulos , Olaoluwa Osuntokun , René Pickhardt (Author)
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MRP: MRP: $21.25

Net Price: $19.13

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ISBN: 9789355420596

Price in points: 1530 points

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Description

The Lightning Network (LN) is a rapidly growing second-layer payment protocol that works on top of Bitcoin to provide near-instantaneous transactions between two parties. With this practical guide, authors Andreas M. Antonopoulos, Olaoluwa Osuntokun, and Rene Pickhardt explain how this advancement will enable the next level of scale for Bitcoin, increasing speed and privacy while reducing fees.

Ideal for developers, systems architects, investors, and entrepreneurs looking to gain a better understanding of LN, this book demonstrates why experts consider LN a critical solution to Bitcoin's scalability problem. You'll learn how LN has the potential to support far more transactions than today's financial networks.

This book examines:

How the Lightning Network addresses the challenge of blockchain scaling
The Basis of Lightning Technology (BOLT) standards documents
The five layers of the Lightning Network Protocol Suite
LN basics, including wallets, nodes, and how to operate one
Lightning payment channels, onion routing, and gossip protocol
Finding paths across payment channels to transport Bitcoin off-chain from sender to recipient

About the Author

Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.

Olaoluwa Osuntokun is the co-founder and CTO of Lightning Labs, and also the lead developer of lnd, one of the main implementations of Lightning. He received his B.S and M.S in Computer Science from UCSB and was a member of the Forbes 30 Under 30 class of 2019. During his graduate studies he focused on the field of applied cryptography, specifically encrypted search.

René Pickhardt is a trained mathematician and data science consultant who uses his statistical knowledge to do research with NTNU about pathfinding, privacy, reliability of payments and service level agreements of the Lightning Network.