Mastering the Lightning Network pdf

Andreas Antonopoulos was born in London, England, and raised in Athens, Greece. After earning degrees in Computer Science, Data Communications and Distributed Systems at University College London, he went on to co-found and manage a technology research company in New York City. In this capacity, Antonopoulos advised dozens of Fortune 500 company executives on networking, security, data centers, and cloud computing—more than 200 of his articles on security, cloud computing, and data centers have been published in print and syndicated worldwide. Antonopoulos is: an expert who has been interviewed on the BBC, Bloomberg Business, CNN, The Economist, Forbes, and Motherboard/VICE; a widely published author of articles and blog posts on bitcoin; a permanent host on the popular Let’s Talk Bitcoin Podcast; a frequent speaker at technology and security conferences worldwide. Andreas M. Antonopoulos is a critically-acclaimed best-selling author, speaker, educator, and one of the world’s foremost bitcoin and open blockchain experts. Andreas makes complex subjects accessible and easy to understand. He is known for delivering electric talks that combine economics, psychology, technology, and game theory with current events, personal anecdote, and historical precedent—effortlessly transliterating the complex issues of blockchain technology out of the abstract and into the real world. In 2014, Antonopoulos authored the groundbreaking book Mastering Bitcoin (O’Reilly Media, 2014), widely considered to be the best technical guide ever written about the technology. His second book, The Internet of Money (Merkle Bloom LLC, 2016)—which explains the technology’s potential impacts on human civilization—is a bestseller on Amazon. The much-anticipated second volume of The Internet of Money was released in the late fall of 2017 and sold thousands of copies in the first month alone. His fourth book, Mastering Ethereum (O’Reilly Media, 2018), was published in late 2018.

Mastering the Lightning Network pdf by Andreas Antonopoulos

Mastering the Lightning Network: A Second Layer Blockchain Protocol for Instant Bitcoin Payments.

The Lightning Network (LN) is a rapidly growing second-layer payment protocol that works on top of Bitcoin to provide near-instantaneous transactions between two parties. With this practical guide, authors Andreas M. Antonopoulos, Olaoluwa Osuntokun, and Rene Pickhardt explain how this advancement will enable the next level of scale for Bitcoin, increasing speed and privacy while reducing fees.

Ideal for developers, systems architects, investors, and entrepreneurs looking to gain a better understanding of LN, this book demonstrates why experts consider LN a critical solution to Bitcoin's scalability problem. You'll learn how LN has the potential to support far more transactions than today's financial networks.

This book examines:

How the Lightning Network addresses the challenge of blockchain scalingThe Basis of Lightning Technology (BOLT) standards documentsThe five layers of the Lightning Network Protocol SuiteLN basics, including wallets, nodes, and how to operate oneLightning payment channels, onion routing, and gossip protocolFinding paths across payment channels to transport Bitcoin off-chain from sender to recipient.