Beginner Lightning NetWork Certification
Beginner Lightning Network Certification
Published 4/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English
| Size: 1.84 GB[/center]
| Duration: 4h 30m
The Bitcoin layer 2 solution teached with example and diagrams about scripts, Payment channels, liquidity, HTLC and more
What you'll learn
Understand the problems that the lightning network solve.
Get real world examples for the different concepts around payment channels.
Recognize why liquidity is important in the lightning network and how it is managed
Know how the lightning network works and the role of Bitcoin Script securing it
Learn the details behind HTLCs and what problems it solves.
Requirements
Introduction to Bitcoin covering addresses, blockchain, transactions, public and private keys
Description
If you've ever tried to understand the technical details of Bitcoin, you know how confusing and overwhelming it can be. But fear not! Our course is here to help you make sense of it all. We've got a range of examples and step-by-step processes that will make the lightning network crystal clear. Also, you will gain expertise in the core protocol and build the foundations required to navigate the various technologies surrounding it, including wallets, node implementations, and liquidity services. As you progress through the course, you will unlock a wealth of knowledge that will empower you to envision different scenarios and select the optimal solution for leveraging the network's full potential.Even if you're not a developer, you can now easily get started and be a part of this journey. Don't miss out on the opportunity to discover the potential of this technology that aims to revolutionize global payments. Bitcoin is the most important cryptocurrency, however, it has limitations and the lightning network came to solve its scaling constraint. By doing so, lightning opens the door to endless use cases for Bitcoin, leveraging its security and reputation. Get ready to join the ranks of Bitcoin experts! Sign up now and let us guide you through the exciting world of global payments.
Overview
Section 1: Introduction
Lecture 1 What is the Lightning Network
Lecture 2 Lightning analogy
Section 2: Context and History
Lecture 3 Blocksize Wars - Why
Lecture 4 Blocksize Wars - Block Size - Bitcoin Cash
Lecture 5 SegWit - Hard Fork vs Soft Fork
Lecture 6 Segwit - Block Size
Lecture 7 SegWit - Block Weight
Lecture 8 SegWit - Transaction Malleability - Example
Lecture 9 SegWit - ScriptSig Alteration Methods
Lecture 10 SegWit - Why it enables the Lightning Network?
Section 3: Fundamentals
Lecture 11 Payment Channels
Lecture 12 Liquidity
Lecture 13 Opening a Payment Channel - Wallet User
Lecture 14 Opening a Payment Channel - Merchants
Lecture 15 Opening a Payment Channel - Routing Node
Section 4: Payment Channel - Transactions
Lecture 16 Funding Transaction - Standard Method
Lecture 17 Types of Payment Channel Transactions
Lecture 18 Balance Update Transactions - Basics
Lecture 19 Balance Update Transactions - Security mechanisms
Lecture 20 Closing Transactions
Section 5: Routing Payments - Multi Hop Transactions
Lecture 21 HTLC - Basics
Lecture 22 HTLC - Spending Conditions
Lecture 23 HTLC - Redemption
Lecture 24 HTLC - Refund
Lecture 25 HTLC - Revocation
Section 6: Bitcoin Script - Review
Lecture 26 Unlocking Scripts - ScriptSig
Lecture 27 P2PKH - Pay to Public Key Hash - Explanation
Lecture 28 Standard Scripts
Lecture 29 Standard Scripts - Details
Section 7: HTLC - Script Explained
Lecture 30 Relative Timelocks vs Absolute Timelocks
Lecture 31 Transaction Asymmetry
Lecture 32 HTLC - General Outline
Lecture 33 Timeout Transactions
Lecture 34 HTLC Offerer Script
Lecture 35 HTLC Receiver Script
Bitcoin fans that want to grasp around how lightning network works and what are its security mechanisms.,Get a conceptual overview with down to earth step by step examples.
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