"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!
"“In the old days they didn’t even use tables and chairs. They sat on beer crates and ate off the tops of beer barrels....
Today we dive into a few of my favorite tools for running LLMs locally on your machine, even the average consumer machine. With a...
“At the core of economists’ fallacy is the belief that money is money by decree (because the state and its expert economists say so),...