Read_644 - A Look at the Lightning Network - Part 1 [Lyn Alden]
Read_644 - A Look at the Lightning Network - Part 1 [Lyn Alden]
Bitcoin Audible

"Simple “bubbles” don’t survive through several 70%+ drawdowns over a period lasting thirteen years and counting; it looks more like Metcalfe’s law of network adoption at this point. That doesn’t mean it is without risks, but it means it should be studied and understood rather than dismissed, to see what it is about this network that allows it to keep growing through resistance." - Lyn Alden


After about 20 requests we are finally diving into Lyn Alden's incredible piece on Bitcoin's evolution from secure store of value, to global medium of exchange. Lyn takes us through a brief history in the context of Bitcoin's success and trade offs, to the merit of its scaling philosophy, how the Lightning Network accomplishes that and what it means for Bitcoin's present and future. We will try to get through this in 3 parts, starting today with Part 1, of "A Look at the Lightning Network."


Link to the original article and the Swan Bitcoin blog for tons of other great reading:

https://www.swanbitcoin.com/a-look-at-the-lightning-network/

The audiobook for Check Your Financial Privilege is now available and covers in depth many of the human rights struggles mentioned by Lyn Alden in this piece:

https://www.audible.com/pd/Check-Your-Financial-Privilege-Audiobook/B0B9T6BJC4

And the audio for Allen Farrington's "Wittgenstein's Money" on experiencing the monetization of a truly new monetary good:

https://open.spotify.com/episode/1eVvYlfTRG7zGjkZW8klIE?si=db628c9e11b744f1


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@letter6173
7,777 sats
20 Aug
any bitcoiner who reads this and doesn’t take a shot with me is a shitcoiner.
@nicolas_b58
3,000 sats
9 Jan
very good article from lyn!
@michaelmatulef
1,000 sats
22 Aug
⚡⚡⚡⚡⚡
@partb
1,000 sats
28 Aug
@majjin
800 sats
19 Aug
Another Banger, can't wait for the next part
@freedommoney21
600 sats
20 Aug
was less about the lightning network than I thought it would be but still an excellent analysis.
@theguyswann
20 Aug
it’s only just getting started. literally the dive into alightning starts right at the beginning of Part 2 👍🏻
@justlistenin'
500 sats
13 Sep
You are a fantastic reader, thx.
@qnfd2r6fqq
500 sats
21 Oct
@redsox1
300 sats
1 Sep
@tonyfontana
250 sats
23 Aug
nice piece
@btcpriestess
222 sats
25 Aug
@armyguy6902
200 sats
26 Aug
Love these reads!
@millsen
200 sats
19 Aug
🔥🔥🔥🔥🔥🔥
@tace
150 sats
19 Aug
😁❤️
@havok_mining
100 sats
19 Aug
@dwduck
100 sats
22 Aug
Enjoyed the reading. REALLY enjoyed your commentary.
@lvoll3000
100 sats
20 Aug
@nachokeys
100 sats
2 Sep
this article was a hour de force so props for providing audio version
@risingape
75 sats
15 Sep
@user6379025608289940
69 sats
31 Aug
yoooooooooo
@user8906400875823708
50 sats
19 Aug
Good stuff! Thanks for you you do!
@dellamorte
50 sats
19 Aug
@hhooddll
50 sats
20 Aug
@poppz69
50 sats
20 Aug
really good!
@jdiddy84
50 sats
23 Aug
@holecekjachym51
50 sats
23 Aug
@holecekjachym51
50 sats
23 Aug
@jwen
50 sats
23 Aug
@f33nix
50 sats
30 Aug
@gwaiza
50 sats
19 Aug
lightning Is great
@nachokeys
25 sats
2 Sep
@bikes_n_bitcoin
25 sats
23 Aug
@bikes_n_bitcoin
25 sats
23 Aug
@dragonsats
25 sats
22 Aug
@danielangelov
21 sats
25 Aug
@plebito21
21 sats
23 Aug
@btcdir
21 sats
19 Aug
🧡
@newsflashgordon
20 sats
21 Aug
Fantastic episode, with lots of history and insights to dive in too 🤓
@fernando_v
20 sats
19 Aug
@self
20 sats
24 Aug
@marquitosdd
15 sats
20 Aug
@changingnormal
10 sats
25 Aug
Alden smashes it out of the park. Well read, as per usual sir!
@mkzi
10 sats
21 Aug
@user4585604466548556
10 sats
20 Aug
@chiltonkeane
10 sats
19 Aug
thanks for the read!
@linesgone
10 sats
20 Aug
@irfan369
10 sats
19 Aug
@vybz_io
10 sats
26 Aug
Anything Lyn is on is a must-listen
@vybz_io
10 sats
26 Aug
@irfan369
5 sats
19 Aug
LFG Bitcoin!!!
@earbtc
5 sats
25 Aug