adamstgBit
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February 18, 2016, 10:24:31 PM

no, i believe the compilation will be necessary

BOB needs to know R and H, and alice needs to know what button to push to make R and the button calculated H to give bob, but if bob is uncoraptive we'll need to check section 2345.3 of the docs to figure out exactly what we can do about that

All of that can be automated behind the scenes and the worst possible outcome is the consumer has to wait for the tx to be unfrozen if they want to make an antiquated direct Tx , or if they want to switch from the LN payment channel to Bitpays competing Impulse payment channel network, or they want to sell their BTC for an altcoin.

You understand that the example given of Bob and alice where the funds are locked with multisig and CLTV isn't going to really happen typically because it wouldn't be useful, right? These examples are merely simplified to easier understand. In reality there are going to be layers of multisig where ones funds are locked for 6 months to one person and one can tx with a very large group of people where some people come and go in ones payment channel.

watch and learn buddy.