Podcasts: The Future of Bitcoin on the Lightning Network with Alex Bosworth 🔗 4 years ago

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?