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

March 24, 2021 01:10:48
Episode Cover

Read_508 - Sovereignism Part 1 - Digital Creative Destruction [Robert Breedlove]

"To state it plainly: Bitcoin is a momen­tous monetary innova­tion enabling a new mode of non-nation-state human organi­za­tion, a “purified” form of capitalism free...

Listen

Episode

April 17, 2020 00:28:33
Episode Cover

Read_381 - An Important Reminder... [Marty Bent]

"You can't dictate how people should use bitcoin. Bitcoin has certain properties that enable different use cases. The predominant use case will fluctuate over...

Listen

Episode

August 03, 2020 01:55:16
Episode Cover

Chat_44 - 2 Bitcoiners Talking Bitcoin with Citizen Bitcoin

Is there anything more to say? Feeling insanely bullish in a chat with Brady of Citizen Bitcoin and SwanBitcoin fame. Don't miss a great...

Listen