Newsletters: add 389 (2026-01-23) #2617
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LarryRuane
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Jan 20, 2026
| about the publication of his new [paper][channels paper] called "A Mathematical Theory of | ||
| Payment Channel Network". In the paper, Pickhardt groups several observations, gathered | ||
| during years of research, under a single geometric framework. In particular, the paper aims to | ||
| analyze common phenomena, such as channel depletion and capital innefficiencies of two-party |
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| analyze common phenomena, such as channel depletion and capital innefficiencies of two-party | |
| analyze common phenomena, such as channel depletion and capital inefficiencies of two-party |
| Payment Channel Network". In the paper, Pickhardt groups several observations, gathered | ||
| during years of research, under a single geometric framework. In particular, the paper aims to | ||
| analyze common phenomena, such as channel depletion and capital innefficiencies of two-party | ||
| channels, assessing how they are inter-connected and why they are true. |
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| channels, assessing how they are inter-connected and why they are true. | |
| channels, assessing how they are interconnected and why they are true. |
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| - A model for feasible wealth distributions of users on the lightning network | ||
| given a channel graph; | ||
| - A formular for estimating the upper bound of payment bandwidth for payments; |
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| - A formular for estimating the upper bound of payment bandwidth for payments; | |
| - A formula for estimating the upper bound of payment bandwidth for payments; |
bitschmidty
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Jan 20, 2026
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| ## News | ||
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| - **A mathematical theory of payment channel networks**: René Pickhardt [posted][channels post] |
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| - **A mathematical theory of payment channel networks**: René Pickhardt [posted][channels post] | |
| - **A mathematical theory of payment channel networks**: René Pickhardt [posted][channels post] to Delving Bitcoin |
| - The conclusion that two-party channels put strong constraints to the ability of liquidity to | ||
| flow between peers of the network. | ||
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| ## News | ||
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| - **A mathematical theory of payment channel networks**: René Pickhardt [posted][channels post] |
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Only a quick review here, but not sure if https://bitcoinops.org/en/podcast/2024/12/12/ is applicable.
Or perhaps a better resource is https://bitcoinops.org/en/newsletters/2024/12/13/#insights-into-channel-depletion that covers other items and references the deep dive
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