Read_771 - Beating Fiat with the Breez SDK

October 13, 2023 00:43:29
Read_771 - Beating Fiat with the Breez SDK
Bitcoin Audible
Read_771 - Beating Fiat with the Breez SDK

Oct 13 2023 | 00:43:29

/

Hosted By

Guy Swann

Show Notes

"There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment widgets vs. coding a node into an app. With the Breez SDK, Lightning beats fiat across the board. It’s faster to implement (as Ross says, “It’s like one or two API calls to set up a node, one to send a payment and one to receive payment”), cheaper to use, legally less complicated (check your jurisdiction), more private, and the UX is on par with fiat for the user and even better for the developers." — Roy Sheinfeld


If you are curious what the future of lightning is going to look like, or exactly how huge the runway is for adoption and onboarding in the next bull run, then this short article detailing out a simple example will show you just how powerful the Breez SDK + Blockstream Greenlight combo really is. Non-custodial, always online, instant node setup, and zero channel or liquidity management. This is the culmination of everything built in lightning to date, and its going to be a game changer!


Check out the original article at:

Satimoto Is Beating Fiat with the Breez SDK | Breez Technology - https://medium.com/breez-technology/building-on-lightning-how-satimoto-is-beating-fiat-with-the-breez-sdk-88aa8252a994


Check out some of Roy's other great articles covered on the podcast:

Read_701 - Lightning for Everyone in Every App

Read_574 - Lightning & The Internet - Choosing the Right Path

Read_732 - We Need More Apps With Lightning, Not More Lightning Apps

Read_450 - Getting Lightning Ready for Global Takeover


A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

-----------------------------------------------------------------

"It takes considerable knowledge just to realize the extent of your own ignorance." — Thomas Sowell

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

Other Episodes

Episode

January 17, 2024 00:49:01
Episode Cover

Read_792 - How CTV Helps Scale Bitcoin

"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO,...

Listen

Episode

December 15, 2020 01:23:17
Episode Cover

Read_473 - The Fraying of the Petrodollar System - Part 1 [Lyn Alden]

"Taking my view a step further, evidence shows that the global monetary system as currently structured is gradually re-aligning itself, and this fact will...

Listen

Episode

January 26, 2024 00:33:09
Episode Cover

Read_794 - Open Letter To Prospective ETF Buyers

"Bitcoin enables perhaps the most powerful mode of ownership ever devised; it would be akin to gold inside a safe that can’t be penetrated...

Listen