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CryptoQuikRead_272 – Statechains, Sending Keys Not Coins [Aaron Van Wirdum]

From Bitcoin Magazine, today we read Aaron’s piece on the recently conceptualized “Statechains” from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins.  Don’t miss the read & a really fun discussion about the tech to follow. Check out BitcoinMagazine.com…

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CryptoQuikRead_272 – Letting a Million Channels Bloom [Rusty Russell & Joe Netti]

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…

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CryptoQuikRead_272 – Letting a Million Channels Bloom [Rusty Russell & Joe Netti]

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.
https://medium.com/blockstream/letting-a-million-channels-bloom-985bdb28660b
https://twitter.com/rusty_twit
https://twitter.com/JoeNetti

Lastly a huge thanks to our new sponsor, eToro! Don’t forget to check out the exchange and let me know if you went long or short Bitcoin
eToro –  http://go.thoughtleaders.io/1026120190630

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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CryptoQuikRead_271 – Bitcoin’s Energy Consumption is a Necessity [Daniel Wingen]

… And one of the greatest natural subsidies for renewable energy we could’ve asked for.   Today we hit a piece by Daniel Wingen. A thorough breakdown of the essence of mining, the necessity of its energy expenditure, the incentives for efficiency and renewable sources, and the unbelievable cost that is being rescued from wasteful…

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CryptoQuikRead_270 – Investing in Bitcoin [Hasu & Su Zhu]

Today we read yet another great piece by @hasufl and @suzhu available on uncommoncore.co on the core value offered by Bitcoin as a system and the high level trends in macroeconomics and technology that could lead to enormous future demand for just such an asset.   A big thanks as always to the amazing work…

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CryptoQuikRead_270 – Investing in Bitcoin [Hasu & Su Zhu]

Today we read yet another great piece by @hasufl and @suzhu available on uncommoncore.co on the core value offered by Bitcoin as a system and the high level trends in macroeconomics and technology that could lead to enormous future demand for just such an asset.  

A big thanks as always to the amazing work produced by Hasu and Su Zhu. You must check out their blog over at uncommoncore.co where you can find many other great works for understanding Bitcoin’s nature. Below I’ve linked to the ones we have covered previously on this show:

An Honest Account of Fiat Money:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_197—An-Honest-Account-of-Fiat-Money-e2ndo3
Unpacking Bitcoin’s Social Contract:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_198—Unpacking-Bitcoins-Social-Contract-e2oct5
Bitcoin and the Promise of Independent Property Rights:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-e3j6b8
Bitcoin As a Hedge Against the Cashless Society:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_227—Bitcoin-is-a-Hedge-Against-the-Cashless-Society-e3l5ne

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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CryptoQuikRead_269 – Bitcoin is a Human Right [Nik Bhatia]

Finishing this week out with a short but wonderful introductory article by Nik Bhatia. Bitcoin is a money, a game, a land grab, works like email, and ultimately, Bitcoin is a human right. My discussion afterward may have gotten a little out of hand with a 40 minute follow-up to a 5 minute article. But…

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CryptoChat_016 – Lightning is a Breez with Roy Sheinfeld

The Lightning protocol has made some major leaps in the last few months, and the software landscape has changed massively in the same span!  Here to talk all about the Breez lightning service that has been an absolute pleasure to play with, we have the CEO, Roy Sheinfeld, joining us on the show! If you…

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CryptoQuikRead_268 – Major Developments in LND 0.7

Tomorrow we have an awesome interview with Roy Sheinfeld all about the Breez Lightning service! To set the stage, 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,…

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CryptoQuikRead_267 – Everyone’s a Scammer [Michael Goldstein]

Merchants are scammers, Keynesians are scammers, altcoins are scammers, Bitcoin “investments” are scammers, scammers are scammers, and even Bitcoin hoarders are scammers.  Everyone’s a scammer. There is a key list of works that are simply the “must reads” of the Bitcoin space if you want to understand the true nature of the new economic incentives…

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