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Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

Oct 8, 2021

Ryan Gentry, business development lead at Lightning Labs, discusses the latest updates on the Lightning Network, the layer 2 solution for Bitcoin. Highlights:

  • how Lightning Network is bringing Bitcoin to the masses through partnerships with Twitter, Substack, and Paxful
  • what the significance of El Salvador adopting Bitcoin means for the Lightning Network
  • how many nodes are running Lightning Network nodes
  • why the capacity on the Lightning Network has grown rapidly
  • how Ryan has seen interest in Lightning has changed since the El Salvador announcement earlier this year
  • what stage of adoption Ryan thinks the Lightning Network is
  • why Lightning Network total-value-locked should not be compared to Ethereum L2s or other DeFi protocols 
  • how Lightning Network differs from DeFi
  • what metric Ryan believes is the best way to measure adoption on Lightning Network
  • how El Salvador has changed the types of transactions being made on Lightning Network
  • what’s next for Lightning Network and how Lightning micropayments could affect how podcasts (like Unchained!) are distributed

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Episode Links


Ryan Gentry


The Summer of Lightning: Reaching the Tipping Point


Lightning Labs


Lightning Enabled Tips


Paxful Integration


Arcane Research Paper


Lightning Network stats


Lightning Network Resources


Preston Pysh episode with BTC Sessions