Bitcoin Lighting to Fix Payment Problems
G. Swetha

Bitcoin Lighting is to be incorporated as a step forward towards fixing the long-standing payment problems. A new routing is proposed to be merged into the official definition of lightning.

Christian Decker, one of the most inventive lightning developers for the tech startup Blockstream, identified that the proposal, which he wrote, is moving on to the next stage at CoinDesk’s Consensus 2019 conference, emphasizing that this change will pave the way for many highly-anticipated lightning features.

Lightning is experimental even now and considered incautious to use. Some people lose money to bugs in the protocol. The new features of lightning are promising to fix the payment method and make it easier to use.

Decker stated to CoinDesk:

“This enables quite some cool new features, including multi-path routing, trampoline routing, and so forth. It’s on the agenda for today’s [IRC specification] meeting and I’m confident it’ll get merged today, so we can get started on the next wave of features.”

Decker has also already written up a code implementation, putting the proposal into practice. The proposal is a handy change and which is why it is now being merged into specifications.

These specifications need to be coded in order to remain interoperable, which implies that one person using one implementation can send a payment of another.

Decker said “It is a multi-frame proposal, which allows us to include more information in the routing onion, the same technology used in the popular privacy-minded browser Tor”.

The payment process which cannot be seen by the intermediaries is like “onion” where at each hop in the network, a layer of obstacle is peeled off. If there are four hops then four layers tend to be peeled off until the payment reached the recipient.

The onion routing format is changed by the proposal so that more information that the other routing tools needed could be included.














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