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Episode 15 - Lightning Network Basics - How Bitcoin LND will change the world

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Make sure to check out the Bitcoin Summer podcast when you're on the go! https://podcasts.apple.com/us/podcast/bitcoin-summer-pod/id1574184905

I open a channel to beef up liquidity to and from El Salvador to make it stronger and more fluid. Good time to do it with fees still depressed!

Also, today I cover the basics of Lightning Network and the new developments surrounding the space that will catapult BTC adoption across the globe:

-Layer 1 and Layer 2 of Bitcoin, and a preview into Layer 3
-Best features of the Lightning Network: Instant, inexpensive, and private
-How the Lightning actually works
-How Lightning channels work
-A look at the parabolic growth of Lightning and how it is slowly mainstreaming
-Large corporations, who think with their pocketbook, will be incentivized to accept LND payments across the globe
-The inevitable fall of Western Union


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