Contract-level Relative Timelocks (or, let's talk about ancestry proofs and singletons)

[instagibbs]

Contract-level Relative Timelocks (or, let's talk about ancestry proofs and singletons)

CLRT is mitigating the amount of time liquidity is locked up in protocols. The 2 times shared_delay is when, f.e., ln-symmetry already has a shared_delay for the channel’s settlement transaction via nsequence. Alice adds an incoming HTLC to an otherwise quiet channel at channel update T-1. Alice sends a signature for the newest state T to Bob. Bob simply doesn’t respond with his signature. Alice needs to claim the incoming HTLC, so she goes to chain with her latest state, T-1. shared_delay-1 …

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