~/talk

Liquidity Advertisements

Talkat TABConf 2021 · 2021-11-04..11-06· [bitcoin, developer-experience]
slides:none on file

A spec extension implemented in c-lightning adds liquidity ads as extra data on node announcements so nodes advertise payable inbound capacity with explicit terms: flat fee and basis-rate (PPM), on-chain weight reimbursement (UTXO bytes that the opener pays), and a max routing-fee cap that commits to how costly using that inbound liquidity can be. Ads gossip around the network with node-announcement updates rate-limited to five minutes and channel-fee visibility often taking an hour; a GUI lookup tool is in development.

AI-written summary · about

  1. 0:00Intro
  2. 0:38What is a Liquidity Ad
  3. 4:12How Liquidity Ads Work
  4. 5:50Node Announcements
  5. 8:15Liquidity Adds
  6. 14:38Recap
  7. 17:01Lightning
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