Renepay II
Combining Fees and Uncertainty Cost (part 1)
Introduction
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Renepay I
Linearization of the Cost Function
Since version v23.08 core-lightning [1] comes with an implementation of Pickhardt-Richter algorithm for payment routings in the lightning network. This comes in the form a new plugin called renepay. [Read More] -
Bitcoin Mining
A theoretical description
Mining is at the heart of the Bitcoin protocol. Is the mining that ensures concensus on the set of rules that define Bitcoin. Today I would like to review the theoretical basis of mining, in order to answer practical questions such as: what’s the probability of mining a block considering... [Read More] -
Summer of Bitcoin 2022
Efficient Min Convex Cost Flow Solver for Lightning Network Payment Delivery
This year I took part in Summer of Bitcoin (SoB) [1], which is an online intership aimed at university students to promote bitcoin open source development. My contribution was a project called Efficient Min Convex Cost Flow Solver for Lightning Network Payment Delivery, proposing the design and implementation of a... [Read More] -
Pickhardt payments in the Lightning Network
A review of Pickhardt-Richter paper
Payments in the Lightning Network (LN) are performed along paths (ie. a sequence of channels) from the sender to the recipient. In this process one must take into account two aspects: the sender must pay a fee to every node who must forward the payment on his behalf; a node... [Read More]