Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

July 27, 2020 01:08:08
Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]
Bitcoin Audible
Read_421 - Lightning as a Retail Payment System [Nicolas Burtey]

Jul 27 2020 | 01:08:08

/

Hosted By

Guy Swann

Show Notes

"Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness." - Nicolas Burtey & Chris Hunter

As excellent piece today from the Galoy Money team that compares the current world of retail payment infrastructure with the incredible potential of a similarly architected, but fundamentally more open, permissionless, private, and censorship resistant payments system built with the Bitcoin & Lightning protocol stack.  An excellent piece with a sobering, but hugely bullish vision of a Bitcoin future.

Check out the original and drop some massive applause for this piece at the link below:
https://medium.com/galoymoney/lightning-as-a-retail-payment-system-part-1-7463c46342ef

Start your stacking if you haven't! The train is leaving the station! swanbitcoin.com/guy will get you $10 free to start, and set your auto-purchase Bitcoin savings plan in motion. Set it and forget it.

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 18, 2024 01:01:39
Episode Cover

Ai_021 - Ai Hardware & the Next Wave

In today's episode of AI Unchained we dive into a plethora of new developments in Ai tailored hardware, the scope of what leaps in...

Listen

Episode

May 01, 2019 00:35:46
Episode Cover

CryptoQuikRead_242 - Neutrino is Dangerous to my Self-Sovereignty [Nicholas Dorier]

In the follow-up to yesterday's article, we are covering Nicolas Dorier's second article on Neutrino, detailing the systemic risks of widespread SPV, and breaking...

Listen

Episode

August 31, 2020 00:52:24
Episode Cover

Read_433 - Bitcoin is One for All - Part 1 [Parker Lewis]

"By manipulating price levels, the Fed isn’t just preventing smaller intermittent fires from naturally running their course while creating larger fires down the road....

Listen