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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
  • Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today
  • Take your business to the next level by hiring the right people with ZipRecruiter
  • join OurCrowd’s Investment in Shield—an AI-powered platform that helps global financial enterprises meet increasingly complex communications compliance rules Open your account today
  • Find opportunities to help diversify your portfolio with investments in alternative asset classes with minimums starting at $1,000 with Yieldstreet
  • Follow other investors, discover companies to believe in, invest with any amount of money with Public.com. You’ll even get a free slice of stock when you join
  • Have everything you need to grow online with Squarespace. Use code WSB to save 10% off your first website or domain purchase
  • Invest in blue-chip art from artists like Monet and Basquiat with Masterworks. Use promo code WSB to skip their 15,000 person waitlist
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  • Browse through all our episodes (complete with transcripts) here.
  • Support our free podcast by supporting our sponsors.

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