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093 Lightning Network

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Manage episode 376582983 series 2954967
Content provided by peer2peer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by peer2peer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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In this episode we give an overview of what the lightning network is and how it works for the most technically novice of Bitcoiners.
We also discuss why its important and how we think it will look in the future, to include:
-creating a free market for routing payments
-replacing 'checking accounts' with 'lightning accounts'
-how although it largely replicates legacy banking system, it has a key difference that prevents bad actors from monopolizing payment routes
and more, check it out

  continue reading

124 episodes

Artwork
iconShare
 
Manage episode 376582983 series 2954967
Content provided by peer2peer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by peer2peer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Send us a Text Message.

In this episode we give an overview of what the lightning network is and how it works for the most technically novice of Bitcoiners.
We also discuss why its important and how we think it will look in the future, to include:
-creating a free market for routing payments
-replacing 'checking accounts' with 'lightning accounts'
-how although it largely replicates legacy banking system, it has a key difference that prevents bad actors from monopolizing payment routes
and more, check it out

  continue reading

124 episodes

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