While the Lightning Network runs as a second layer to Bitcoin, it's development is different and allows for much more experimentation. Lightning can be built without the strict adherence to and concern with consensus rules required for Bitcoin development. Lightning developers instead work with a set of standards called B.O.L.T. In this video Andreas explains a bit about Lightning development and walks through some current challenges.
0:00 Development challenges for the Lighting Network
0:19 What is BOLT (Basis of Lightning Technology)
1:15 Cool new Lightning features are being built
2:01 Lightning Network challenges
3:57 Solutions and trade-offs for Lightning Network development
This question is from the Bonus Livestream on the Lightning Network, which took place on April 18th, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: https://www.patreon.com/aantonop
Related Videos:
A Technical Introduction to The Lightning Network – https://youtu.be/E1n3sKKPD_k
What are the most exciting new Lightning Network features? – https://youtu.be/W34RdzFwz8M
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