bitcoincuracao on Nostr: "Lightning has already achieved a critical mass. It’s already obvious how a Cashu ...
"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning.
That’s how they were designed, so switching the common language between networks would require rebuilding most of their parts.
Like English, whatever language subnetworks use internally, Lightning is the language they use to speak to each other, and it’s already locked in." --Roy Sheinfeld
The Lightning Network (LN) is gradually becoming the shared protocol for the Bitcoin ecosystem's subnets and payment technologies.
Will this standardization expedite innovation and adoption within the Bitcoin network? Moreover, what does this imply regarding the future of Bitcoin infrastructure and its rivalry with conventional financial systems?
Here is the link to the article:
Lightning Is the Common Language of the Bitcoin Economy
https://medium.com/breez-technology/lightning-is-the-common-language-of-the-bitcoin-economy-eb8515341c11Published at
2024-08-09 14:37:54Event JSON
{
"id": "3f33da6418834cf35510de52f724be3c7450d26bdcdce36d6e04d1100507e362",
"pubkey": "d62e8d042e08ea1dd8c22a9879481612d97241b852ff1b20ca2983d2569fa79c",
"created_at": 1723214274,
"kind": 1,
"tags": [],
"content": "\"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning.\n\nThat’s how they were designed, so switching the common language between networks would require rebuilding most of their parts.\n\nLike English, whatever language subnetworks use internally, Lightning is the language they use to speak to each other, and it’s already locked in.\" --Roy Sheinfeld\n\nThe Lightning Network (LN) is gradually becoming the shared protocol for the Bitcoin ecosystem's subnets and payment technologies.\n\nWill this standardization expedite innovation and adoption within the Bitcoin network? Moreover, what does this imply regarding the future of Bitcoin infrastructure and its rivalry with conventional financial systems?\n\nHere is the link to the article:\n\nLightning Is the Common Language of the Bitcoin Economy\nhttps://medium.com/breez-technology/lightning-is-the-common-language-of-the-bitcoin-economy-eb8515341c11",
"sig": "58b2cdbe24e3e4103c157cbd3f6a9282744422527016086cbec9f7938ebefdc2d71ac79734e9d01df82e20b1a28cd2ab870142319107aec7c12b6676298d9d56"
}