The Future of Bitcoin on the Lightning Network with Alex Bosworth
In this episode, Brad is joined by Alex Bosworth as they discuss the future of Bitcoin on the Lightning Network. Alex is a software lead at Lightning Network. He has experience working on open-source software and has experience creating backend exchange APIs. He also helped create a blockchain project to protect the integrity of the Royal Mint in the UK. As an accomplished developer and insider at the Lightning Network project, Alex has plenty of useful insights to share. The two get into several of the most relevant topics surrounding the Lightning Network, including Jack Dorsey-backed Square Crypto's unprecedented support for the Lightning Network. Tune for this and other interesting topics.
Timestamps
00:00:00 - Intro by Brad
00:01:59 - Alex on his journey on Bitcoin
00:06:26 - Parallels between private app development and a user-focused side of Bitcoin
00:12:07 - When can the average user use the Lightning Network?
00:17:58 - Where are we with the Lightning Network?
00:20:03 - How does the Lightning Network make money?
00:31:25 - Why does batching save you money?
00:43:46 - Exchanges on adopting the Lightning Network
00:53:03 - The Lightning Loop and how can it help you
00:59:03 - Would the Lightning Network be able to support 1,2 billion users?
1:06:21 - How many people are working on the Lightning Network?
1:14:25 - Delving into the Lightning Developer Kit by Square Crypto
1:27:22 - Folks at Edge Wallet and their beef with the Lightning Network
1:21:48 - Alex on providing liquidity on the Lightning Network, and can you too?
1:27:50 - What're a Lightning Network dev's hobbies?
1:36:18 - Where to find Alex on social
Podcast Mentions
Portugal's no capital gains tax on crypto
Germany's crypto-friendly law
Square Cash app's Lightning Development Kit (LDK)
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