I heard about relative CLTV in the context of the lightning network. Can someone explain how it works and how it allows payment channels to stay open without settling them on the blockchain? I understand how normal CLTV works.
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BoardAltcoin Discussion
Re: Challenge:Hack Gridcoins BoincHash to cause other nodes to accept without Boinc
by
Phobios
on 12/12/2013, 15:35:21 UTC
Just a thought, but shouldn't the reward be in BTC, since if someone finds a way to break Gridcoin, the 5000grc reward will most likely be worthless.
Love the idea of this altcoin though. Hopefully it will pass the test of time.
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Topic
BoardBeginners & Help
Re: Whitelist Requests (Want out of here?)
by
Phobios
on 14/11/2012, 09:12:57 UTC
Hi, Some points in my favour: *Been into bitcoin since summer 2011 *Have had a fortune of 120 bitcoins (have a little less than half of that now, due to some purchases ) *I have built GPU rigs which I mines with for the latter half of 2011 *Even though I havent been a member here, I have been reading the forums weekly (daily during some periods)
I am reading a course at my university which covers bitcoin to some extent, which is why I wanted get out of the newbie forum and post a thread on the main forum.