Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Christian Decker: Lightning Network – The Road to Scaling Bitcoin


Listen Later

When the Lightning Network (LN) was conceived in 2015, it was quickly embraced by the Bitcoin community as the way to dramatically scale Bitcoin’s capacity. There was an expectation of LN being available quickly. Instead, development proceed more slowly in the background with different teams contributing to a standard specification. That spec is now almost ready and last year interest and early activity on the LN increased dramatically.

We were joined by Christian Decker, a core engineer at Blockstream, where he works on their LN client. We discussed the history and progression of the LN and what remains on the road to scaling Bitcoin.

Topics covered in this episode:

  • How Christian ended up writing the world’s first PhD on Bitcoin
  • The vision of the Lightning Network
  • How the Lightning Network evolved in the last 4 years
  • Approaching the 1.0 specification
  • The current state of the network
  • Why centralization concerns around hubs are often misguided
  • eltoo and the future of lightning network
  • The case against other chains being better layer 1 networks than Bitcoin
  • Episode links:

    • Lightning Network Whitepaper
    • Christian Decker - Scaling Bitcoin with Duplex Micropayment Channels
    • Joseph Poon & Tadge Dryja - Scalability and the Lightning Network
    • Blockstream - Lightning Network
    • A Simplified Update Mechanism for Lightning and Off-Chain Contracts
    • Lightning Network Specifications on Github
    • Thank you to our sponsors for their support:

      • Simplify your hiring process & access the best blockchain talent . Get a $1,000 credit on your first hire at toptal.com/epicenter.
      • Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks. More at aka.ms/epicenter.
      • This episode is hosted by Brian Fabian Crain and Sunny Aggarwal. Show notes and listening options: epicenter.tv/273

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

        Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed TechnologiesBy Epicenter Media Ltd.

        • 4.7
        • 4.7
        • 4.7
        • 4.7
        • 4.7

        4.7

        183 ratings


        More shows like Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

        View all
        a16z Podcast by Andreessen Horowitz

        a16z Podcast

        1,014 Listeners

        Unchained by Laura Shin

        Unchained

        1,210 Listeners

        Real Vision: Finance & Investing by Real Vision Podcast Network

        Real Vision: Finance & Investing

        912 Listeners

        The Peter McCormack Show by Peter McCormack

        The Peter McCormack Show

        2,161 Listeners

        CoinDesk Podcast Network by CoinDesk

        CoinDesk Podcast Network

        638 Listeners

        The Pomp Podcast by Anthony Pompliano

        The Pomp Podcast

        1,838 Listeners

        The Breakdown by Blockworks

        The Breakdown

        742 Listeners

        On The Brink with Castle Island by Castle Island Ventures

        On The Brink with Castle Island

        287 Listeners

        Bankless by Bankless

        Bankless

        1,028 Listeners

        The Wolf Of All Streets by Scott Melker

        The Wolf Of All Streets

        227 Listeners

        Empire by Blockworks

        Empire

        166 Listeners

        Supply Shock by Blockworks

        Supply Shock

        112 Listeners

        Forward Guidance by Blockworks

        Forward Guidance

        271 Listeners

        The Milk Road Show by The Milk Road Show

        The Milk Road Show

        37 Listeners

        web3 with a16z crypto by a16z crypto, Sonal Chokshi, Chris Dixon

        web3 with a16z crypto

        61 Listeners