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Summary of Andreas M. Antonopoulos, Olaoluwa Osuntokun & René Pickhardt's Mastering the Lightning Network
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The Lightning Network is a network of payment channels that allows users to make instant, off-chain payments. It is a layer above the Bitcoin blockchain that allows people to transact quickly and securely. #2 A payment channel is a financial relationship between two nodes, called the channel partners, that allocates a balance of funds between the two channel partners. The cryptographic protocol ensures that one channel partner cannot cheat the other. #3 The payment channel is based on a 2-of-2 multisignature address on the Bitcoin blockchain, for which you hold one key and your channel partner holds the other key. You and your channel partner negotiate a sequence of transactions that spend from this multisignature address. #4 The Lightning Network is a comprehensive communication protocol that allows peers to exchange Lightning messages to achieve the transfer of bitcoin. The communication protocol defines how Lightning messages are encrypted and exchanged.
Mastering the Lightning Network
Launched in early 2018, the Lightning Network (LN) is rapidly growing in users and capacity. This second-layer payment protocol works on top of Bitcoin and other cryptocurrencies 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...
Mastering the Lightning Network
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
Semantic Web and Web Science
The book will focus on exploiting state of the art research in semantic web and web science. The rapidly evolving world-wide-web has led to revolutionary changes in the whole of society. The research and development of the semantic web covers a number of global standards of the web and cutting edge technologies, such as: linked data, social semantic web, semantic web search, smart data integration, semantic web mining and web scale computing. These proceedings are from the 6th Chinese Semantics Web Symposium.
Bitcoin: A Work in Progress
With thousands of “crypto” projects out there, they say Bitcoin is old and boring, but nothing could be further from the truth. This book will guide you through the latest developments in Bitcoin, as seen through the eyes of one of its many developers. You'll learn about the latest soft fork known as Taproot, the challenges of keeping open source software free of money-stealing bugs and malware, new ways to protect nodes against evildoers on the internet, how to deal with the ever-growing blockchain, and more! Each chapter links to a corresponding episode of the Bitcoin, Explained podcast. The book also links to more than two hundred articles, videos, podcasts, and even the source code. And thanks to a tiny QR code next to every link, you'll never have to type long URLs. The author is a software developer based in Utrecht, The Netherlands. He has been working in the Bitcoin industry since 2014 and became a Bitcoin Core contributor in 2017, giving him a front row seat to all the latest and most exciting technical developments. He is a co-host on the Bitcoin Magazine podcast Bitcoin, Explained.
Resistance Money
Bitcoin isn’t just for criminals, speculators, or wealthy Silicon Valley entrepreneurs – despite what the headlines say. In an imperfect world of rampant inflation, creeping authoritarianism, surveillance, censorship, and financial exclusion, bitcoin empowers individuals to elude the expanding reach and tightening grip of institutions both public and private. So although bitcoin is money, it isn’t just money. Bitcoin is resistance money. Resistance Money: A Philosophical Case for Bitcoin begins by explaining why bitcoin was invented, how it works, and where it fits among other kinds of money. The authors then offer a framework for evaluating bitcoin from a global perspective and use it...
Mastering Bitcoin
Join the technological revolution that's taking the financial world by storm. Mastering Bitcoin is your guide through the seemingly complex world of Bitcoin, providing the knowledge you need to participate in the internet of money. Whether you're building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded third edition provides essential detail to get you started. Bitcoin, the first successful decentralized digital currency, has already spawned a multibillion-dollar global economy open to anyone with the knowledge and passion to participate. Mastering Bitcoin provides the knowledge. You supply the passion. The third edition includes...
Publishing and Consuming Linked Data
This dissertation addresses several problems in the context of publishing and consuming Linked Data. It describes these problems from the perspectives of three stakeholders: the Linked Data provider, developer and scientist. The Linked Data provider is faced with impractical data re-use and costly Linked Data hosting solutions. Developers face difficulties in finding, navigating and using Linked Datasets. Scientists lack the resources and methods to evaluate their work on Linked Data at large. This dissertation presents a number of novel approaches that address these issues, such as: - The LOD Laundromat: a centralized service that re-publishes cleaned, queryable and structurally annotated L...
Bitcoin: A Game-Theoretic Analysis
The definitive guide to the game-theoretic and probabilistic underpinning for Bitcoin’s security model. The book begins with an overview of probability and game theory. Nakamoto Consensus is discussed in both practical and theoretical terms. This volume: Describes attacks and exploits with mathematical justifications, including selfish mining. Identifies common assumptions such as the Market Fragility Hypothesis, establishing a framework for analyzing incentives to attack. Outlines the block reward schedule and economics of ASIC mining. Discusses how adoption by institutions would fundamentally change the security model. Analyzes incentives for double-spend and sabotage attacks via stock-flow models. Overviews coalitional game theory with applications to majority takeover attacks Presents Nash bargaining with application to unregulated environments This book is intended for students or researchers wanting to engage in a serious conversation about the future viability of Bitcoin as a decentralized, censorship-resistant, peer-to-peer electronic cash system.
How and What Marketing Algorithms Think
This book argues that the apparent omnipotence of algorithms today is not what it seems, particularly, in marketing, where they actually offer less than they could. Considering the reasons behind this, it also notes that Big Data has relaunched a kind of data glorification and automated procedures that, culturally, marketing has already recognized and overcome at least once. This first generation of “programmatic marketing”, which the giants of the digital economy launched 15 years ago and consolidated worldwide, can be significantly improved, with corresponding business results as well, but, first, as this book shows, we need to know which strategic and cultural boundaries impact Big Data.
