RGB Con 0 - Day 3
Channel: LNPBP Standards Association
Date: 2020-03-03

RGBCON 0 is a non-conference for client-validated state (RGB) held by LNP/BP Standards Association in Milan on December 11th-13th, 2019.

About the speaker:
Dr. Maxim Orlovsky, CEO Pandora Core, Secretary of LNP/BP Standards Association.
Leading developer of RGB & Spectrum since July 2019
E-mail: orlovsky@pandoracore.com
Twitter: @dr_orlovsky
GitHub: dr-orlovsky
IRC: dr-orlovsky (#bitcoin-wizards, #lnp-bp, #rust-bitcoin)

Day III topic: 
Lightning network. Architecture.

00:00:37   Days I-II Re-cap. Solved and unsolved issues.
00:04:00   Part I: Lightning Network. Architecture overview and challenges one needs to solve to add any protocol on top of LN.
00:11:26    Overview of LN Problem #1 - Specifications. Lacunar BOLTs coverage, lack of proper abstraction.
00:16:28   Overview of LN Problem #2 -  Not suitable for introducing extensions, new features and building additional layers on top of it.
00:19:13   Overview of LN Problem #3 - It will take years for LN protocols to become stable.
00:30:00   Proposed solution.
00:33:13   Part II: CVS/RGB on Lightning Network. Protocol details.
01:06:46   Problem #1 - Integration of functionality via extension mechanics. Possible solutions.
01:08:30   Problem #2 - Lack of proper formalisation and standardisation process. Possible solutions.
01:09:49   Problems #N - Being not ready for future updates. 
01:14:12   Building components required from LN for RGB protocol.
01:15:20   Messaging over Lightning Network for RGB. 
01:48:36   Part III: Spectrum. Technical overview. 
02:01:00   Part IV: Software and architecture. Components designed by LNP/BP Standards Association: LNPBP Core Library, Daemons, Wallet wrappers, Assets Schemata, Simplicity Core Lib.
02:05:02   Components used and contributed by LNP/BP Standards Association.
02:09:05   Points opened for side contribution.
02:11:14   Overview of project modules & libraries.
02:12:59   Rules for commitments serialisation.
02:18:44   RGB architecture options.
02:30:11   Custodial and non-custodial wallets possible architectures.
02:39:11   Part V: Conclusions. Project development streams & risks.
02:42:51   Detected & addressed challenges.
02:45:58   Project development status and needs.
02:49:10   Part VI: Bigger picture by LNP/BP Standards Association.


Slides are available here: https://github.com/LNP-BP/devcalls/tree/master/RGBCon0

For more information check: 
Github https://github.com/LNP-BP
IRC #lnp-bp @FreeNode
Telegram https://t.me/rgbtelegram