100 sats \ 0 replies \ @DiedOnTitan 23 May freebie \ on: Hedgehog Slideshow and Demo bitcoin
🦔 Hedgehog 🦔 looks like a breakthrough.
If I understand the core benefits vs Lightning correctly:
- Hedgehog reduces the number of phases or interactions from 4 to 2. Reducing complexity is almost always a benefit.
- Enables counterparties to transact without both being required to be online at the same time - a very significant user experience improvement.
- The two week time lock removes, or at the least delays, the rugging of forced closures. This aspect should help alleviate the primary concern for channel operators. To me, this seems like it could be the primary benefit for widespread adoption.
The routing aspect based on Corallo's spec, once fully integrated, looks like it may promote Hedgehog into a bonafide Layer 2.
I will be following this closely. Bravo!