Blockstream Talk

Blockstream Talk #18 - Lightning Signal

Episode Summary

Welcome to Blockstream Talk. Today's conversation is with Rusty Russell, a senior Lightning Network Developer at Blockstream. Rusty is an OG contributor to open-source software and was tasked with helping transition the Lightning Network from an academic paper to a real world payment protocol seven years ago when he joined Blockstream. Lightning Network capacity is now up around five thousand bitcoin, pretty close to an all time high despite recent price weakness. Rusty highlights, reasons for growth, some new applications and also gives us a sneak peek into new features expected to be rolled out in the coming months. 01:27 Starting work on Lightning at Blockstream 03:44 Lightning Network global adoption 04:46 Work on Bolt12 Lightning spec 10:41 Factors driving Lightning adoption 15:15 Bookkeeping with Core Lightning 21:31 Lightning Network unlocking micropayments 23:45 Integrating Lightning into Blockstream Green 26:02 Lightning wallet recommendations 28:48 Thoughts on El Salvador Bitcoin and Lightning adoption 32:55 Working in the open-source software space 38:43 Comparing Bitcoin to Linux 47:33 Exciting things coming to Lightning