Reboot - Read_773 - A Solution to Scaling Lightning

In this episode of Bitcoin Audible, I revisit an important concept that deserves more attention: timeout trees and their potential to revolutionize scaling for the Lightning Network.

Based on Shinobi's article, "A Solution to Scaling Lightning," we explore how this innovative proposal leverages CheckTemplateVerify (CTV) to create a simple yet powerful scaling primitive. Could timeout trees be the key to unlocking the next order of magnitude in Lightning's efficiency?

I break down the mechanics of timeout trees, their implications for channel factories, and how they address Lightning's long-term scaling limitations. Along the way, I share my own commentary on the broader impact of this technology, from its role in decentralizing trust to its potential for reshaping local and global financial systems.

What does this mean for the future of Bitcoin? How can timeout trees empower families, communities, and individuals to reclaim sovereignty in a world dominated by centralized systems? Let's find out.

Check out the original article: A Solution To Scaling by Shinobi (Link: https://tinyurl.com/5absw6cv)

Host Links

⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

Check out our awesome sponsors!

Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold

Ready for best-in-class self custody?

Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade)

Trying to BUY BITCOIN?

River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river)

Bitcoin Games!

Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Bitcoin Custodial Multisig

Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp)

Education & HomeSchooling

Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)

Show Notes

Other Episodes

Episode

CryptoQuikRead_176 - Shelling Out - The Origins of Money [Part 1 - Nick Szabo]

Episode

Read_691 - A Native Protocol for Social Media [Jack Dorsey]

Episode

Read_797 - The Next Big Thing Will Look Like a Toy