Discover and read the best of Twitter Threads about #Lightning
Most recents (3)
1)I am seeing an increasing number of people under the impression that #lightning as an overlay bridge network for #blockchains (via atomic swaps) is a great thing for alts.
And they can not be more wrong.
In reality, Lightning is where #altcoins will come in droves only to die
And they can not be more wrong.
In reality, Lightning is where #altcoins will come in droves only to die
2) At the moment, all blockchains are entirely segregated from one another. The only real bridge that exists today are exchanges which are largely inefficient with enormous amounts of friction, ie. registration, KYC/AML, confirmation wait times for deposits/withdrawals, etc.
3) Friction & segregation of networks protects smaller networks from larger ones consuming & engulfing them. Network theory teaches us that we continually gravitate towards the singularity, after all this is the entire premise of a network. This is evident all throughout history.
1/
All within the last 30 days in #Bitcoin
• All #Lightning implementations hit Beta! @blockstream @lightning @acinq_co
• lightning.spin gambling #Lapp
• RGB #Lightning + #Bitcoin assets @giacomozucco
• #Liquid Sidechain Issued Assets @Blockstream
All within the last 30 days in #Bitcoin
• All #Lightning implementations hit Beta! @blockstream @lightning @acinq_co
• lightning.spin gambling #Lapp
• RGB #Lightning + #Bitcoin assets @giacomozucco
• #Liquid Sidechain Issued Assets @Blockstream
2/
• AMP #Lightning payment routing research @joostjgr
• Full Privacy Wasabi Wallet @nopara73
• #Schnorr Signatures BIP!! @pwuille @Snyke
• BIS chief says "stop trying to create money" 🤣
• @coinbase custody open for deposits!
• @CasaHODL open for Business!
• AMP #Lightning payment routing research @joostjgr
• Full Privacy Wasabi Wallet @nopara73
• #Schnorr Signatures BIP!! @pwuille @Snyke
• BIS chief says "stop trying to create money" 🤣
• @coinbase custody open for deposits!
• @CasaHODL open for Business!
3/
• @CNBCFastMoney -"#Bitcoin is dead" #lmao
• low-tech inbound LN capacity solution @alexbosworth ⚡️
• #BetterHash protocol for decentralized mining pools @TheBlueMatt
• @TheCryptoconomy releases 100th podcast episode! 😉🤣
• Atomic on-chain #LTC to off-chain #BTC swaps
• @CNBCFastMoney -"#Bitcoin is dead" #lmao
• low-tech inbound LN capacity solution @alexbosworth ⚡️
• #BetterHash protocol for decentralized mining pools @TheBlueMatt
• @TheCryptoconomy releases 100th podcast episode! 😉🤣
• Atomic on-chain #LTC to off-chain #BTC swaps
THREAD: Ready to get mindblown by #Bitcoin #CORE implementations and progress?
Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Forget about 2nd layer, it's already and way too mainstream as I recently stated.
Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"
bitcoinmagazine.com/articles/new-s…
Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"
bitcoinmagazine.com/articles/new-s…
Now Smart contracts.
You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).
If you didn't know that, admit you're never really been interested in Bitcoin or lured?
You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).
If you didn't know that, admit you're never really been interested in Bitcoin or lured?
