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README.md: A few more details about what we're doing.

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Signed-off-by: Rusty Russell <rusty@rustcorp.com.au>
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Rusty Russell
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Strawman protocol for lightning channels. # Lightning Protocol Reference Implementation
The wire protocol is documented in [lightning.proto](lightning.proto) In this repository we're developing a reference implementation of
(a [protobuf](https://developers.google.com/protocol-buffers/) bitcoin lightning (see:
definition file). [http://lightning.network](http://lightning.network) which proposed
the original "lightning network").
There are command line utilities to create and process various packets The first step was to develop a wire protocol for nodes to talk to
in [test-cli](test-cli/HOWTO-USE.md). each other. The wire protocol is documented in
[lightning.proto](lightning.proto) (a
[protobuf](https://developers.google.com/protocol-buffers/) definition
file). There are command line utilities to create and process various
packets in [test-cli](test-cli/HOWTO-USE.md).
It requires features not currently in bitcoin, so it runs on top of The second step is to create a daemon which uses that protocol to
the sidechain [Elements Alpha](https://github.com/ElementsProject/elements) communicate with others to set up channels and make simple payments.
This also involves monitoring the blockchain for transactions. This
is where development is currently occurring.
This is very much a testbed and work in progress; expect All The Later steps will enhance the protocol to network individual daemons,
Things to change, all the time. advertize their IP addresses, publish routes and fees, and use that
information to pay specific nodes. These details are currently being
hashed out on the [mailing list](https://lists.linuxfoundation.org/mailman/listinfo/lightning-dev) and the IRC channel [#lightning-dev](https://botbot.me/freenode/lightning-dev/) on Freenode.
Cheers, The protocol requires features not currently in bitcoin, so by default
it runs on top of the sidechain [Elements
Alpha](https://github.com/ElementsProject/elements). It can be tested
with bitcoin (on testnet) with OP_NOP substitution, at the top level
Makefile.
Final note: This is very much a testbed and work in progress; expect
All The Things to change, all the time.
Welcome aboard!
Rusty. Rusty.