Soft-Fork | Covenant Dependent Layer 2 Review | Peter Todd | Read Through By @Nerd2Ninja

@BITC0IN https://www.reddit.com/r/Bitcoin https://shopBITCOIN.shop ⬅️ Shop BITCOIN Merch https://bit.ly/KrakenApp ⬅️ Buy BITCOIN https://BITC0IN.beehiiv.com ⬅️ BITCOIN Newsletter https://Discord.gg/K5H25KZHke ⬅️ BITCOIN Tech Support Chat https://BitcoinCore.org/ ⬅️ Run A BITCOIN Node https://BitcoinKnots.org/ ⬅️ Run A BITCOIN Node https://Bitcoin.org/en/choose-your-wallet ⬅️ Choose a BITCOIN Software Wallet http://Bit.ly/CoinkiteStore ⬅️ Choose a BITCOIN-Only Airgapped Hardware Wallet

LNURL: 2140@ZBD.gg ⬅️⚡Tip Us BITCOIN⚡ https://patreon.com/BITC0IN ⬅️ or tip us fiat

Follow us at: https://twitter.com/BITCOINALLCAPS

NOSTR: npub1wfvjajv0336mpxhdk6xvlafp20p8mch5083wyjd6xxnerlaxf5kqhsvx9a

Want to contribute content to the BITCOIN Channel and earn some sats? See our Github readme: https://github.com/Fiach-Dubh/BITCOIN-YouTube

Buy Bitcoin: We Recommend using Bull Bitcoin in Canada http://mission.bullbitcoin.com/satoshi

Kraken is also a popular exchange to use for Buying Bitcoin: https://bit.ly/KrakenApp

BitAxe Store: https://d-central.tech/product/the-bitaxe-supra/ref/CW/

Text Here: https://petertodd.org/2024/covenant-dependent-layer-2-review

00:00 intro 2:47 Definitions - What is Layer 2? 5:33 What are Covenants? 6:20 Recursive Covenants 6:54 Goals 7:41 Lightning’s Scaling Limits 11:19 L2 Overview 14:00 Lightning 15:44 Non-Interactive Channels 16:05 Channel Factories 17:49 Eltoo/LN-Symmetry 19:06 Ark 21:47 Ark Economics 27:05 Bootstrapping Ark 28:56 Interactivity 31:30 Advanced Ark 33:35 On-Chain Fee Payment In Unilateral Withdraw 34:09 Validity Rollups 36:45 BitVM 37:20 Hierarchical Channels 37:51 CoinPool 38:44 Enigma Network 39:08 Mempool Considerations 39:25 Transaction Pinning

Music Provided By: https://linktr.ee/electronautsinc

Bitcoin Resources: https://www.reddit.com/r/bitcoin - for more information https://www.reddit.com/r/bitcoinbeginners - if you are new and want to learn about Bitcoin https://lopp.net

Please comment, like, subscribe and ring the bell! everything helps.

#bitcoin #Bitcoin #BITCOIN #BTC #BITC0IN #crypto #Crypto #CRYPTO

Copyright Disclaimer: BITCOIN is a web channel intended to provide Bitcoin knowledge through video essays, news and analytical compilations. It is intended primarily for the purpose of encouraging informed discussions, criticism, and review of Bitcoin topics and towards such purpose, the programs use short extracts of cinematographic films, news clips, sounds recording, and photographic works. These clips and extracts are of a minimal nature and the use is not intended to interfere in any manner with their commercial exploitation of the competition for work by the owners of the copyright. The use of works is in compliance with the fair dealing exception provided under Sec. 52 of the Copyright Act, and we asset our use of the works under the exception provided for criticism and review.

https://creativecommons.org/licenses/by-sa/2.0/legalcode ... https://www.youtube.com/watch?v=DHWdGiaR0F0