Location

The event will be hosted at theBunkers Yaba:

279 Herbert Macaulay Way | Yaba, Lagos | Map

Announcements

Join us on our Tenth Bitcoin Socratic Seminar! A special thank you to our sponsor Btrust for food and refreshments.

Reminders

• We prefer no photos and no videos during the event
• Chatham House Rule
• Leave the meeting space as clean as you found it
• Suggest topics for the next Socratic Seminar! Where to find topics?

Topics

Privacy Jenga

MC: Tobe

• Played Privacy Jenga game, with each block of the Jenga having a note of discussion centred around blockchain and wallet privacy

• The goal was to play till the last person scatters the Jenga.

BIP 20/21

MC: Tobe

• Major goal of this BIP was to propose interoperability in wallets, where by wallets can process ligtning and onchain payment without having to switch UX to handle individual payments

• The flow is then this, User scans BIP 21 QR code, if a lightning wallet recognizes the QR as a BIP21 URL, it the tries to find a lightning parameter in the URL, if it exists, it attempts to parse the parameter's value as a BOLT 11 invoice and pay it. Else, the next step is to confirm if the wallet support on-chain payments, if it does, it processes the payment using on-chain address. If all the scenario fails, the wallet fails the user with an error.

• The next step? Getting more wallets and services to support BIP21 QR.

• More information about the BIP can be found here

LIghtning Network

MC: Kelvin and Tobi

• Lightning channel operability as well as vulnerabilities associated with them.

• Contract-level relative timelocks

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