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bip347 op cat – How does the addition of OP_CAT enhance Lightning?

Cryptoadmin by Cryptoadmin
August 21, 2024
in Crypto News
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OP_CAT by itself has restricted applicability to the lightning routed fee community itself – it can’t be used to construct Lightning Symmetry channels. It could possibly be used to probably scale back the variety of transactions wanted in resolving lightning penalty with out incurring further round-trips, however the price of the CAT script and required witness information would doubtless exceed the financial savings in transaction inputs and outputs.

Nonetheless, OP_CAT covenants can be utilized to allow constructing improved finish consumer experiences linked to the lightning community, comparable to timeout bushes, Ark, and probably channel factories.

Tags: additionbip347CatImproveLightningOP_CAT
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