"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!
We recently had Aleks Svetski back on at Ai Unchained to discuss the project we hinted at in episode 2 that he made public...
"The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. ...
Did you hear about the guy who tried for years to convince the world he was Satoshi? If you ever wanted to explore the...