Another Step Towards a P2P Lightning Economy
“If you ask me how much trust is right for the Lightning economy, the answer will always be.” – Roy Sheinfeld
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Paying Yourself for Privacy on Lightning?
“The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments […] the developer thinks that “self-payments” could be an important part of the privacy puzzle.” – Aaron Van Wirdum
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Strike! By Zap
An exciting development form the extraordinary team over at Zap and the Mallers Fam! The seed of the infrastructure inversion has landed, and its’ called Strike!
Innovations in Bitcoin’s Technology Stack
For everyone that tells you Bitcoin is a stagnant technology going nowhere, this is the article to point them to. Another be returning author Lucas Nuzzi, we cover a piece that touches on the plethora of developments happening across all fronts in the Bitcoin ecosystem. Much like the development of the internet, Bitcoin has the benefit of building a modular protocol stack to solve a vast array of problems without compromising the underlying network.
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Major Developments in LND 0.7
Today we dive into the recent Lightning Labs Blog post on the incredible improvements in the 0.7-beta release. Followed with a fun discussion on the major developments and what it will mean for the UX, reliability, and further improvements of the Lightning ecosystem. If you need you Lightning Fix, this is where you’ll find it.
Don’t forget to follow the blog and Twitter handles to stay up on what the Lightning Labs team is building! Development is happening at a lightning fast pace and the team is straight fire!
Letting a Million Channels Bloom
The Lightning Network does, in fact, have scaling problems of its own. When the network grows to millions of channels we obviously won’t be able to run it on a Raspberry Pi. Don’t tell Rusty Russell or Joe Netti that, because they’ll just build their own network and do it. Another major milestone in Lightning development, the release of the Million Channels Project!
Today we are reading & discussing, from the Blockstream blog, “Letting a Million Channels Bloom.”
Check out the official post for the network data, charts and optimization benchmarks. Follow the blog and developers involved to stay up on the incredible work they are doing to bring Lightning to the world.
Lightning, Why I Quit the Bond Market for Bitcoin
Another of the many great pieces from Nik Bhatia getting into the impact and scope of the system that the Lightning Network could become. Bitcoin is neither just a store of value, nor just a medium of exchange, it’s both. The LNP/BP protocol stack is taking us into the future, hear all about it in today’s read from Nik Bhatia, now part of the OpenNode team, titled “The Lightning Network: Why I Quit the Bond Market for Bitcoin”
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Announcing Olympus! From Fiat to Lightning in Seconds
Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future could look like. With Olympus, a new service from Jack Mallers & fam, getting a lightning balance and immediately spending it is as simple as the swipe of your debit card. Lightning is striking, and big things are brewing on the horizon.
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But Lightning Enables…
Finishing up our Lightning week on the show, I’ve got a Guy’s Take on all the different applications I think are viable here in the early days of Lightning, and also what decentralized projects may make sense on Lightning, but are pointless as “utility tokens.”
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Lightning Service Providers
With another great piece from the Breez-Tech CEO we read and explore the fascinating concept of the Lightning Service Providers. What is their role? How will the market develop? Doesn’t this mean Lightning is centralized? All this and so much more in a great piece from Roy Sheinfeld.
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