Introduction to Lightning Multi Signature

This Bachelor's thesis explains the universal divide between scarce and non-scarce goods; the emergence and importance of private property and the the public commons; the novel invention of non-simulated shared ownership of bitcoin; the basics of Bitcoin script; how multi sig is used on the first layer block chain; and the basics of lightning network and it's use of multi sig. The novel research of this thesis is to suggests how different types of multi sig payment channel can be constructed, updated and closed; how multi sig access rights to a lightning node might work; and estimates weather such a multi sig payment channel is useful for liquidity routing. Concluding with different use cases and business models possible with lightning multi sig.

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