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BTC019: Bitcoin's Layer 2 Lightning Network w/ Ryan Gentry (Bitcoin Podcast)

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IN THIS EPISODE, YOU'LL LEARN:

  • What is Bitcoin's second layer?
  • Where does lightning labs fit into the second layer
  • What is Lightning pool?
  • How is liquidity managed on the second layer
  • Why does a person have an incentive to run a node
  • Why open channel with other nodes
  • What are the nodes that will benefit the post from opening many channels
  • What are the incentives for people to use lightning
  • What will things like Sphinx chat enable in the future


BOOKS AND RESOURCES:

  • Follow Ryan Gentry on Twitter
  • Follow Lightning Labs on Twitter
  • The lightning labs website
  • Sphinx Chat
  • Run an umbrel full node
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  • Browse through all our episodes (complete with transcripts) here.
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