How was Lightning bridged to Liquid, a Bitcoin sidechain? What are the benefits of connecting layers together? How do you control the exchange rate when swapping with Lightning?
These questions are from the July monthly patron session, which took place on July 28th 2019. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
RELATED:
Bitcoin, Lightning, and Streaming Money – https://youtu.be/gF_ZQ_eijPs
The Internet of Money: Five Years Later – https://youtu.be/6xIq0FdmsIA
The Lightning Network – https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi
Wallets, nodes, and monetary sovereignty – https://youtu.be/8Hb3tUn8s4E
Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg
Node compatibility, Lightning, and incentives -https://youtu.be/x1on0sdTU4M
Why running a node is important – https://youtu.be/oX0Yrv-6jVs
Software distribution security – https://youtu.be/_V0vqy046YM
Protocol development security – https://youtu.be/4fsL5XWsTJ4
What is rendezvous routing? – https://youtu.be/vnDiJJoPESo
Unspent transaction output (UTXO) – https://youtu.be/ZCsakXHiwlw
Lightning clients, capacity, and dust – https://youtu.be/HFJRXYkbyPQ
Lightning usability, privacy, and Taproot – https://youtu.be/_M-i1c3mE1w
Lightning ‘Plan B’ and second layer effects – https://youtu.be/w3F9gIC31rY
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money” series, and “Mastering Ethereum.”
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM: https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
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nice shirt
Sesamee MEEEOOWWW
Awesome info on the feature. Havent used or looked deep into LN. BOLT & interopability between blockchains. Freaking cool.
Do I need a banking license to be a transmitter to run a node?
https://www.zdnet.com/article/microsoft-forget-google-facebook-log-in-with-our-new-blockchain-id/
I'd like to hear Andreas opinion about this microsoft implementation ION. It seems very very very amazing, expecially becouse it comes from a company that is famous to rapresent the opposite of the open source approach. For the first time one of the biggest IT company is using bitcoin as a mechanism to get trust….and for the first time they are not saying…."bitcoin sucks is too slow, we're gonna do it on our blockchain". I think this is something huge
I find myself sitting with a stupid grin on my face every time I watch a video from Andreas. See —>> 😀 It would be so cool if we had leaders like Andreas, instead of immoral criminals.
This is the end game, to have an exchange in one's own crypto wallet device, Lighting and Liquid will make this happen. The only hard part is tapping into the fiat on and off ramps without KYC/AML.
GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOAL
Thanks Andreas as always. I don't see why anyone would want to run a Litecoin-based lightning node though.
How does this compare to zk-STARKs way of scaling?
Nice shirt Andreas!
If anyone is aware of any projects working on what Andreas was mentioning here (specifically a lightning DEX) Please ping or reply I am particularly interested in this type of project, be it nascent or otherwise. Regards.
Do you believe Digibyte can be used on the Lightning network? Btw, thank you for taking the time to break this subject matter down for us noobs.
Andreas, could you please recommend a secure generator for paper wallets?) You said bitaddress is not reliable
Thanks for your knowledges! 🙂
What if the banks have bought up most of the btc already ?
Amazing! I need to get my lightning node running again!
Thank you for your work sir! I always learn a ton watching your videos.
I personally believe bitcoin will not last. Why? Well, mining is very bad for the environment and also there are many other payment coins out there. Bitcoin is not as important as it was 3 years ago. Thank you.
WTF. The beginning of this video will give rise to new memes. Not elegant, AA. It's the man's name, even if it's a made up man just to introduce the Q&A.
Does this guy give anybody else the "creeps?"