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

July 26, 2022 00:46:45
Episode Cover

Read_639 - How Fedimint Scales Bitcoin Custody [Namcios]

“Fedi and Fedimint will help put monetary power back into the hands of everyone, everywhere,” said Fedi Inc. co-founder and CEO, Obi Nwosu, in...

Listen

Episode

August 14, 2024 01:48:52
Episode Cover

Read_839 - The Power of Nostr

"In fact, this is the key feature that re-energized me toward Nostr a second time after my initial experience with it. Bitcoin and Nostr...

Listen

Episode

December 04, 2020 00:55:08
Episode Cover

Read_468 - Bitcoin is Hope [Robert Breedlove]

“Bitcoin is a battle ground to restore freedom, truth, and virtue in the world.” - Robert Breedlove Another excellent piece from Breedlove, this time...

Listen