Read_836 - Lightning is the Common Language of Bitcoin

August 06, 2024 00:40:32
Read_836 - Lightning is the Common Language of Bitcoin
Bitcoin Audible
Read_836 - Lightning is the Common Language of Bitcoin

Aug 06 2024 | 00:40:32

/

Hosted By

Guy Swann

Show Notes

"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning. That’s how they were designed, so switching the common language between networks would require rebuilding most of their parts. Like English, whatever language subnetworks use internally, Lightning is the language they use to speak to each other, and it’s already locked in." ~ Roy Sheinfeld

Lightning is emerging as the common protocol, or language, for the entire ecosystem of Bitcoin subnets and payment technologies. Will this standardization accelerate innovation and adoption in the Bitcoin ecosystem? What implications does this have for the future of Bitcoin infrastructure and its competition with traditional financial systems?

Check out the original article at Lightning Is the Common Language of the Bitcoin Economy by Roy Sheinfeld (Link: https://tinyurl.com/4689txvy)


Links to check out 

Guest Links

Host Links

Check out our awesome sponsors!

Other Episodes

Episode

February 21, 2023 01:01:21
Episode Cover

Read_703 - The Banks Are So F**ked – [Callebtc]

"Here is a little story of how I built a #Bitcoin Lightning payments app used by more than 10,000 users at the time running...

Listen

Episode

November 16, 2018 00:46:07
Episode Cover

CryptoQuikRead_187 - The Cryptocurrency Phenomenon [Part 2]

Continuing our journey through the incredibly thorough and knowledgeable work by iterative.capital that focuses and clarifies the highly misunderstood narrative around the Cryptocurrency Phenomenon....

Listen

Episode

February 28, 2025 00:33:32
Episode Cover

Read_871 - Hodlers: an apology

Did you know that the value and utility of Bitcoin can be trivially duplicated? At least this is what the increasingly bitter buttcoiners of...

Listen