Do Bitcoin Core / base layer developers and Lightning Network / second layer developers coordinate? What is SIGHASH_NOINPUT?
Where can I find details about how locking and unlocking scripts work for Lightning channels? BOLT 3 focuses on script formatting. How safe are custodial Lightning wallets?

These questions are from the March and April monthly subscriber sessions, which took place on March 30th and April 20th 2019 respectively. 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
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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16 COMMENTS

  1. all the bitcoin in existence not can be purchased for $168 Billion.(at $10000 per btc) Do you think a consortium of a small group of families own more then 50% or 70% ( And there are only like 5 million more BTC can be made.) of all btc because its not a lot of money for some people to control the lion share of the future money supply ????

  2. Andreas, you are Carl Sagan of this new and exciting technology. I commend your clarity of thought and eloquence. LLAP.

    Since one of the pillars of this technology is privacy/anonymity (and decentralization), how do you envision crediting and loans working with this technology? Crediting and loans are one of the basic financial services that helped millions of people (including myself) to grow both personally and business wise. Since all of those financial services are currently tied/backed by identity, property, ext, i.e credit ratings/mortgage, ext how would they work in cryptocurrencies? There are number of currently very helpful financial services that require backing by identity and/or property.

    Thanks!

  3. Do the "newbs" a favor and advertise Bitcoin as a collectible rather then currency. Then you dont have to explain all of this. Its enough with hold your own keys and hodl. Keep it simple and keep spending your fiat money.

  4. Hi Andreas, In my understanding with eltoo it is still possible to broadcast a prior state, but a newer state can overwrite it (without penalty). So if you broadcast an old state by accident, the other party can fix your mistake, but not punish you. This makes the data in your lightning wallet less toxic (in the current situation all your old states will, if broadcasted, will (if the other party pays attention) result in loss of all funds).

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