Potzblitz! - The weekly Lightning talk #6 about Watchtowers with Sergi Delgado and Max Hillebrand
Fulmo ⚡
Sergi Delgado discusses non-custodial watchtowers monitoring blockchains to execute encrypted responses without revealing channel state. Design: commitment tx ID hashing generates ChaCha20-Poly1305 decryption key and locator bytes for scanning. Revenue models: bounty-only (enables CPFP, permits free-riding), subscription (stable revenue, tower cheating risk), hybrid balances both. BOLT 13 standard

https://relay.towardsliberty.com/87e2808715cf98d42244667b64ffcc337b5ae0b5d929f9170a22fcd3933a549b.mp4
May 25, 2020