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Read_836 - Lightning is the Common Language of Bitcoin

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Manage episode 432808930 series 2499964
Contenido proporcionado por guy@thecryptoconomy.com (Guy Swann) and Guy Swann. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente guy@thecryptoconomy.com (Guy Swann) and Guy Swann o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

"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)


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1120 episodios

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Manage episode 432808930 series 2499964
Contenido proporcionado por guy@thecryptoconomy.com (Guy Swann) and Guy Swann. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente guy@thecryptoconomy.com (Guy Swann) and Guy Swann o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

"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!

  continue reading

1120 episodios

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