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

January 17, 2023 00:29:43
Episode Cover

Read_692 - A Quick & Dirty Explanation [DerGigi]

"Bitcoin is paradoxical. It is simple yet complicated, ever-changing yet unchangeable. A novel machine without any novel parts; a technological innovation that isn't really...

Listen

Episode

March 15, 2018 00:13:37
Episode Cover

CryptoQuikRead_026 - Announcing Lightning-beta Mainnet Release

The next layer of the global Bitcoin payment and monetary system has arrived!  Lnd 0.4-beta has hit mainnet! I'll be reading the lnd blog...

Listen

Episode

October 02, 2024 01:20:15
Episode Cover

Chat_114 - Breaking Out of the Fiat Mind with Tanja Bächle

"Everybody's acting as nothing happened. And in Germany, it was so brutal. We had two lockdowns. Each was 6 and 8 months. Like there...

Listen