Bitcoin Optech: Channel Depletion Research Deep Dive Podcast

12/12/2024 58 min

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Episode Synopsis

Dave Harding and Mike Schmidt are joined by René Pickhardt and Christian Decker to discuss Pickhardt’s ⁠Lightning Network channel depletion research⁠.

Summary of Pickhardt's research (1:01)
Why look at wealth distributions? (5:45)
What can be learned from depletion? (11:38)
Circular rebalancing (13:33)
What determines where the spanning tree is? (15:28)
Mitigating depletion (20:14)
Adjacent channels and their impact (26:39)
Multiparty channels, channel factories, and Ark (29:52)
Hub-and-spoke topology discussion (41:06)
What real world data would inform the theoretical? (54:54)