+Rust-Lightning
+==============
+
+[![Crate](https://img.shields.io/crates/v/lightning.svg?logo=rust)](https://crates.io/crates/lightning)
+[![Documentation](https://img.shields.io/static/v1?logo=read-the-docs&label=docs.rs&message=lightning&color=informational)](https://docs.rs/lightning/)
[![Safety Dance](https://img.shields.io/badge/unsafe-forbidden-success.svg)](https://github.com/rust-secure-code/safety-dance/)
-Rust-Lightning, not Rusty's Lightning!
-=====
+Rust-Lightning is a Bitcoin Lightning library written in Rust. The main crate,
+`lightning`, does not handle networking, persistence, or any other I/O. Thus,
+it is runtime-agnostic, but users must implement basic networking logic, chain
+interactions, and disk storage.
+
+The `lightning-net-tokio` crate implements Lightning networking using the
+[Tokio](https://github.com/tokio-rs/tokio) async runtime.
+
+Status
+------
-Documentation can be found at [docs.rs](https://docs.rs/lightning/)
+The project implements all of the BOLT specifications in the 1.0 spec except
+for [channel queries](https://github.com/lightningnetwork/lightning-rfc/blob/master/07-routing-gossip.md#query-messages). The
+implementation has pretty good test coverage that is expected to continue to
+improve. There are a number of internal refactorings being done now that will
+make the code base more welcoming to new contributors. It is also anticipated
+that as developers begin using the API, the lessons from that will result in
+changes to the API, so any developer using this API at this stage should be prepared
+to embrace that. The current state is sufficient for a developer or project to
+experiment with it. Recent increased contribution rate to the project is expected
+to lead to a high quality, stable, production-worthy implementation in 2020.
-Currently somewhere near 50% towards usable, published to see if there is any
-real interest from folks in using a lightning rust library.
+Communications for Rust-Lightning and Lightning Development Kit happens through
+[LDK slack](http://lightningdevkit.org/).
+
+Design Goal
+-----------
The goal is to provide a full-featured but also incredibly flexible lightning
implementation, allowing the user to decide how they wish to use it. With that
dependencies with dependencies. Do convince Andrew to cut down dependency usage
in rust-bitcoin.
-Notes on coding style:
- * Use tabs. If you want to align lines, use spaces. Any desired alignment
- should display fine at any tab-length display setting.
-License is Apache-2.0.
+Tagline
+-------
+
+*"Rust-Lightning, not Rusty's Lightning!"*
+
+Contributing
+------------
+
+Contributors are warmly welcome, see [CONTRIBUTING.md](CONTRIBUTING.md).
+
+Project Architecture
+---------------------
+
+For a Rust-Lightning high-level API introduction, see [ARCH.md](ARCH.md).
+
+License is either Apache-2.0 or MIT, at the option of the user (ie dual-license
+Apache-2.0 and MIT).