The Peter McCormack Show

Christian Decker - An Introduction to The Lightning Network


Listen Later

Interview location: Boston
Interview date: Sunday 10th April, 2019
Company: Blockstream
Role: Core Tech Engineer

The Lightning Network is designed to solve the scaling issues with Bitcoin. As a second layer technology, it enables fast and near instant payments using payment channels, something which has been discussed since when Satoshi was still involved in the project.

Christian attempted to solve the scaling problem with his whitepaper, A Fast and Scalable Payment Network withBitcoin Duplex Micropayment Channels, but before its release, Justin Poon and Thaddeus Dryja released a competitor whitepaper, The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments.

Ultimately The Lightning Network is mostly based on Justin and Thaddeus’ work, but Christian has been a key contributor and is working on Blockstream’s implementation C-Lightning.

In this interview, we discuss the competing whitepapers, how the various teams collaborate on Lightning, how payment channels work and upcoming dev projects.

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | Ripplecoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

...more
View all episodesView all episodes
Download on the App Store

The Peter McCormack ShowBy Peter McCormack

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

2,142 ratings


More shows like The Peter McCormack Show

View all
We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,383 Listeners

The spiked podcast by The spiked podcast

The spiked podcast

201 Listeners

TFTC: A Bitcoin Podcast by Marty Bent

TFTC: A Bitcoin Podcast

772 Listeners

TRIGGERnometry by TRIGGERnometry

TRIGGERnometry

2,228 Listeners

The Bitcoin Standard Podcast by Dr. Saifedean Ammous

The Bitcoin Standard Podcast

430 Listeners

The Brendan O'Neill Show by The Brendan O'Neill Show

The Brendan O'Neill Show

357 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,835 Listeners

What Bitcoin Did by Danny Knowles

What Bitcoin Did

276 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

250 Listeners

heretics. by Andrew Gold

heretics.

655 Listeners

The "What is Money?" Show by Robert Breedlove

The "What is Money?" Show

658 Listeners

Coin Stories with Natalie Brunell by Natalie Brunell

Coin Stories with Natalie Brunell

450 Listeners

Raoul Pal: The Journey Man by Real Vision Podcast Network

Raoul Pal: The Journey Man

132 Listeners

The Jack Mallers Show by Jack Mallers

The Jack Mallers Show

125 Listeners

The Winston Marshall Show by Winston Marshall

The Winston Marshall Show

436 Listeners