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BAC4d ago
Superscalar 🚀 SuperScalar is an innovative Channel Factory protocol designed to scale the Bitcoin Lightning Network. In simple terms, it is a technology that allows multiple users (N) to be grouped together within a single transaction on the main Bitcoin blockchain (a single shared UTXO). From this single base, the protocol unfolds off-chain into a transaction tree that creates tens or hundreds of individual Lightning channels for those users. It solves the Bitcoin block space problem. Instead of each person needing their own on-chain transaction to open a channel, multiple people share the same space. It drastically reduces costs. Since the network fee of the initial transaction is split among all the factory participants, the cost to enter the Lightning Network becomes a fraction of the normal amount. SuperScalar uses the rules and upgrades that Bitcoin already has today (like Taproot and MuSig2 aggregated signatures). It does not require any changes to Bitcoin's consensus code to work. Despite sharing the same entry structure coordinated by a Liquidity Service Provider (LSP), users maintain full control over their funds. If the LSP fails or other participants go offline, smart contracts (through Timeout-sig-trees) guarantee that each user can safely withdraw their money back to the main network. Let's study Bitcoin 📚
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BAC21d ago
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