If you haven’t already you should to take the time to read this brilliant proposal. Participants should vet and grasp the (TIMEOUT-TREES) (UPDATE-FOREST) (CHALLENGE-AND-RESPONSE) concepts. I look forward to the necessary inclusion of Bitcoin and Lightning Network Devs (and participants) to comprehensively understand these concepts and the totality of the proposal. (See John Laws response to ZmnSCPxj)
At this point in the timeline if you’re looking for an ELI5 I urge you to simply read over the proposal; or at least the previously mentioned concepts - an oversimplification does not give it justice - It’s an academia piece so the dense portions are marginal compared to the broad dynamics and their implications. I welcome open discussion and I reckon any/all input is welcome. Thank you for your time, cheers.
Below I’ve provided sufficient links on the “progress” of the proposal.
John Law IIDs GitHub- https://github.com/JohnLaw2/btc-iids/blob/main/iids14.pdf
Anthony AJ Towns Response to John Law- https://lists.linuxfoundation.org/pipermail/lightning-dev/2021-September/003231.html
John Law Response to AJ- https://github.com/JohnLaw2/btc-iids/blob/main/response_to_towns_20210918_113740.txt
ZmnSCPxj Response to John Law- https://lists.linuxfoundation.org/pipermail/lightning-dev/2021-September/003234.html
John Law Response to ZmnSCPxj- https://github.com/JohnLaw2/btc-iids/blob/main/response_to_ZmnSCPxj_20210921_021142.txt
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