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

August 12, 2022 • 01:12:53
Episode Cover

Read_642 - Losing Your Keys Without Losing Your Coins [Block]

"These two jobs are almost always in tension. Any added protection to keep a bad actor out adds a risk that it may also...

Listen

Episode

February 14, 2020 • 01:13:09
Episode Cover

CryptoChat_30 - Once BITten, down the Bitcoin Rabbit Hole with Daniel Prince

I had an awesome time the other day with Daniel Prince on the new Once BITten Podcast. Diving into some of my own personal...

Listen

Episode

July 09, 2018 • 01:05:54
Episode Cover

CryptoChat_001 with Daniel Goldman - Verge, Digital Gold, Forks, and Going Down the Rabbit Hole

Challenges with Verge, thoughts on Bitcoin maximalism, the inevitability of forks and altcoins, and our first trips down the rabbit hole.  All this and...

Listen