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Mastering the Lightning Network: A Second Layer Blockchain Protocol for Instant Bitcoin Payments 1st Edition, Kindle Edition

4.8 out of 5 stars 114 ratings
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The Lightning Network (LN) is a rapidly growing second-layer payment protocol that works on top of Bitcoin to provide near-instantaneous transactions between two parties. With this practical guide, authors Andreas M. Antonopoulos, Olaoluwa Osuntokun, and Rene Pickhardt explain how this advancement will enable the next level of scale for Bitcoin, increasing speed and privacy while reducing fees.

Ideal for developers, systems architects, investors, and entrepreneurs looking to gain a better understanding of LN, this book demonstrates why experts consider LN a critical solution to Bitcoin's scalability problem. You'll learn how LN has the potential to support far more transactions than today's financial networks.

This book examines:

  • How the Lightning Network addresses the challenge of blockchain scaling
  • The Basis of Lightning Technology (BOLT) standards documents
  • The five layers of the Lightning Network Protocol Suite
  • LN basics, including wallets, nodes, and how to operate one
  • Lightning payment channels, onion routing, and gossip protocol
  • Finding paths across payment channels to transport Bitcoin off-chain from sender to recipient
Due to its large file size, this book may take longer to download
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From the brand


From the Publisher

Mastering the Lightning Network

The Lightning Network (LN) is a second layer peer-to-peer network that allows us to make Bitcoin payments “off-chain,” meaning without committing them as transactions to the Bitcoin blockchain.

The Lightning Network gives us Bitcoin payments that are secure, cheap, fast, and much more private, even for very small payments.

Building on the idea of payment channels, first proposed by Bitcoin’s inventor Satoshi Nakamoto, the Lightning Network is a routed network of payment channels where payments “hop” across a path of payment channels from the sender to the recipient.

The initial idea of the Lightning Network was proposed in 2015 in the groundbreaking paper “The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments,” by Joseph Poon and Thaddeus Dryja. By 2017, there was a “test” Lightning Network running on the internet, as different groups built compatible implementations and coordinated to set some interoperability standards. In 2018, the Lightning Network went “live” and payments started flowing.

In 2019, Andreas M. Antonopoulos, Olaoluwa Osuntokun, and René Pickhardt agreed to collaborate to write this book. It appears we have been successful!

Intended Audience

This book is mostly intended for technical readers with an understanding of the fundamentals of Bitcoin and other open blockchains.

Editorial Reviews

About the Author

Olaoluwa Osuntokun is the co-founder and CTO of Lightning Labs, and also the lead developer of lnd, one of the main implementations of Lightning. He received his B.S and M.S in Computer Science from UCSB and was a member of the Forbes 30 Under 30 class of 2019. During his graduate studies he focused on the field of applied cryptography, specifically encrypted search. He has been an active Bitcoin developer for over 5 years, and is an author of several Bitcoin Improvement Proposals (BIP 157+158). These days, his primary focus lies in building, designing, and evolving private, scalable off-chain blockchain protocols, such as Lightning.

René Pickhardt is a trained mathematician and data science consultant who uses his statistical knowledge to do research with NTNU about pathfinding, privacy, reliability of payments and service level agreements of the Lightning Network. René maintains a technical and developer-oriented Youtube channel about the Lightning Network and has answered roughly half of the questions about the Lightning Network on Bitcoin Stackexchange making him the go-to point for almost all new developers who want to join the space. René has held numerous workshops about the Lightning network in public and private, including teaching students of the 2019 Chaincode Labs residency together with other core Lightning Developers.

Andreas M. Antonopoulos is a best-selling author, speaker, educator, and highly sought after expert in Bitcoin and open blockchain technologies. He is known for making complex subjects easy to understand and highlighting both the positive and negative impacts these technologies can have on our global societies.

Andreas has written two more best-selling technical books for programmers with O'Reilly Media, Mastering Bitcoin and Mastering Ethereum. He has also published The Internet of Money series of books, which focus on the social, political, and economic importance and implications of these technologies. Andreas produces free educational content on his YouTube channel weekly, and teaches virtual workshops on his website. Learn more at aantonop.com

Product details

  • ASIN ‏ : ‎ B09MDQX9S8
  • Publisher ‏ : ‎ O'Reilly Media
  • Accessibility ‏ : ‎ Learn more
  • Publication date ‏ : ‎ November 22, 2021
  • Edition ‏ : ‎ 1st
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 12.2 MB
  • Simultaneous device usage ‏ : ‎ Unlimited
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Not Enabled
  • Print length ‏ : ‎ 735 pages
  • ISBN-13 ‏ : ‎ 978-1492054825
  • Page Flip ‏ : ‎ Enabled
  • Customer Reviews:
    4.8 out of 5 stars 114 ratings

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Customer reviews

4.8 out of 5 stars
114 global ratings

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Top reviews from the United States

  • Reviewed in the United States on June 21, 2023
    Format: KindleVerified Purchase
    Portraying a clever evolution of our communication systems, this book is incredibly well-written and didactic. You'll fall in love with this technology. The future starts here.
  • Reviewed in the United States on March 2, 2022
    Format: PaperbackVerified Purchase
    I am Patreon and fan of Andreas !! Book is really informative and similar to earlier books of Mastering Bitcoin and Ethereum.
    You can consider these books as reference books where you can always refer to understand basics of this complicated technology.
    Great book Andreas and team !! Thanks for all your contribution to the community. Keep up the great work !!
    One person found this helpful
    Report
  • Reviewed in the United States on December 29, 2021
    Format: PaperbackVerified Purchase
    Antonopoulos has clear and thorough explanations throughout all of his books. I would recommend reading this one, Mastering Bitcoin and Mastering Ethereum to build a strong foundation in blockchain.
    2 people found this helpful
    Report
  • Reviewed in the United States on January 15, 2022
    Format: PaperbackVerified Purchase
    Fantastic book. Anyone who is serious about Bitcoin needs to own it…simple as that.
    6 people found this helpful
    Report
  • Reviewed in the United States on May 9, 2022
    Format: PaperbackVerified Purchase
    Good balance between technical and practical
    One person found this helpful
    Report
  • Reviewed in the United States on December 21, 2021
    Format: Paperback
    Work of art on the lightning network
    2 people found this helpful
    Report

Top reviews from other countries

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  • Jonas
    5.0 out of 5 stars Herausragendes Buch für breite Zielgruppe (Bitcoin Buch #1)
    Reviewed in Germany on July 17, 2022
    Format: PaperbackVerified Purchase
    Mit großer Vorfreude habe ich das Lesen des Buches begonnen und das Buch innerhalb weniger Wochen quasi verschlungen. Das Buch hat mich wie ein Roman gefesselt. Inzwischen habe ich das Buch ein paar Mal gelesen.

    Besonders begeistert hat mich, dass das Buch sowohl Grundlagen und Intuitionen beinhaltet - und somit ein breites Verständnis vermittelt -, aber eben auch technologische Deep Dive. Somit kann man sich je nach Präferenz ein breiteres Verständnis des Lightning Netzwerks oder aber auch ein sehr fundiertes Technologie-Wissen aneignen.

    Aus meiner Sicht ein absolutes "Must-Read" für jeden Krypto-Fan und -kenner und das beste Buch, was es heute zu Krypto gibt.
    Report
  • Wesley hope
    5.0 out of 5 stars Lightning network textboook
    Reviewed in the United Kingdom on August 9, 2024
    Format: PaperbackVerified Purchase
    A very informative read I was very happy with this book it was an excellent buy
  • Josh
    4.0 out of 5 stars A very comprehensive look at Lightning
    Reviewed in Canada on February 13, 2023
    Format: KindleVerified Purchase
    This is a very comprehensive look at the Lightning Network.
  • R. Weissmann
    5.0 out of 5 stars Auuuuussssfffüüüühhhrrlich
    Reviewed in Germany on December 16, 2021
    Format: KindleVerified Purchase
    Ausführlich und gut verständlich geschrieben. Wird wohl die LN Bibel. Gut aufgebaut, mit einem Zoom-In Ansatz, d.h. von einfach zu schwer, so dass für jeden was dabei ist. Topp.
  • Amazon Kunde
    1.0 out of 5 stars Fehlende Seiten
    Reviewed in Germany on February 25, 2022
    Format: PaperbackVerified Purchase
    Inhalt ausgezeichnet für Entwickler. Allerdings Druck miserabel: Mängelexemplar mit Fehlenden Seiten.

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