Read_574 - Lightning & The Internet - Choosing the Right Path [Roy Sheinfeld]

November 01, 2021 00:41:53
Read_574 - Lightning & The Internet - Choosing the Right Path [Roy Sheinfeld]
Bitcoin Audible
Read_574 - Lightning & The Internet - Choosing the Right Path [Roy Sheinfeld]

Nov 01 2021 | 00:41:53

/

Hosted By

Guy Swann

Show Notes

"We’re revolutionaries. There’s no reason to be coy about it. Our goal is to replace fiat with bitcoin. “Disruption” is almost a quaint term for a change of the magnitude we’re bringing about. We’re taking power from institutions and transferring it to individuals by giving them control of the value they generate in their lives.” - Roy Sheinfeld We are at a crossroads and Lightning has an extremely difficult and important task. Do we go with the Lightning expansionists, using this decentralized network to embed every single byte of data into our messages and routing them across our nodes to take all that is the internet and redesign it to work on Lightning? Or do we keep lighting simple, focused, and optimized for the best, most robust decentralized payments network in the world? Choosing the right path, by Roy Sheinfeld.  Drop some applause on the original at: https://medium.com/breez-technology/lightning-the-internet-choosing-the-right-path-bedfa6382316 For more digging into the philosophy & thinking behind this from the Guy's Take, here are the other episodes mentioned: Simon Morris: Lessons of Bittorrent https://bitcoinaudible.com/why-bittorrent-mattered-lessons-for-crypto-1-of-4/ Szabo: Minimizing Consumer Worry https://bitcoinaudible.com/estimating-and-minimizing-consumer-worry/ For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

May 14, 2019 00:44:23
Episode Cover

CryptoQuikRead_247 - The Ancient Sin of Debt; How Bitcoin Can Make Amends [Darren Kleine]

With a really cool and succinct article from Darren Kleine (@_DKleine), today's read is on the "sins" of debt and usury, and how a...

Listen

Episode

February 02, 2024 01:22:32
Episode Cover

Ai_014 - A Million New Devs with Hope TS

"I think AI can make a lot of things better, and if you put them together, if you are aware of the resources at...

Listen

Episode

October 27, 2020 00:47:09
Episode Cover

Read_454 - The Last Word on Bitcoin's Energy Consumption [Nic Carter]

"If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is...

Listen