“Mastering the Lightning Network” is a technical book by O’Reilly Media, about the Lightning Network (LN), a protocol layer that runs on top of bitcoin and other open blockchains to provide near-instant, cheap and secure payments.

The book was announced on August 28th 2019 as a collaboration between Andreas M. Antonopoulos, Olaoluwa Osuntokun (roasbeef) and René Pickhardt.

“Mastering the Lightning Network” will be published in Q4 of 2020. Writing begins in September 2019 as an open and collaborative project on Github.

Find out more at: https://lnbook.info/

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  11. Interesting video. Thanks ? Would be good to see Charlie Lee interview.

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  40. Here's my contribution:

    "The Lightning Network is analogous, in one sense, to a checking account, where you can transact for few or no fees, as opposed to your savings account, which is not designed for every day transactions, because you will have to pay more fees. From a technical standpoint, this analogy does not apply, but from a practical standpoint, it does. You should use your lightning wallet to conduct daily transactions quickly and cheaply. But you should understand that it is less secure than a non-lightning wallet, and you should keep a majority of your Bitcoin in your non-lightning wallet. Another way of thinking about it is: lightning wallets are like 'walking around money.' You wouldn't want to to carry more cash on you than you could afford to lose if you got mugged. Getting hacked is a lot like getting digitally mugged. Keep just enough BTC in your lightning wallet to cover day to day transactions, and put the rest in a more secure wallet, such as a ledger nano s, which is a hardware wallet. Lightning transactions are fast and cheap, but they are also exposed to third party risk. Therefore, for larger transactions, like buying a house or a car, for instance, you should still perform non-lightning 'on-chain' transactions, which are more expensive and slower, but are far more secure. E.g., use the lightning network to buy your morning cup of coffee. Use on-chain to pay off your mortgage."

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