Post
Topic
Board Development & Technical Discussion
Re: Amiko development progress
by
cjp
on 25/04/2015, 07:41:41 UTC
What has happened since the last update?

The most significant thing that happened was that the Lightning Network concept was published, which is very similar to the original Amiko Pay concept. I examined the Lightning Network and came to the conclusion that it achieves the same things as Amiko Pay, while it requires much smaller changes to Bitcoin to become completely "trust-free". So, my plan is now to implement the Lightning Network concept in Amiko Pay.

Since the Lightning Network still requires some Bitcoin features that currently don't exist yet, I went looking for ways to deal with this absence. Read this thread for a description of the design I made for this.