Episode 30
Lightning Network Part 1
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Today I welcome JW Weatherman of Twitter fame to talk about all things Lightning Network, 2nd layer and sidechains. This is a subject that I admittedly am woefully uneducated in and a month or so ago I decided to really start learning how all of this works since it is not beyond talk and speculation and is now a reality.
Today we discuss
- Why the need for 2nd layer scaling
- What is Lightning Network
- How does it work?
- How can you use it now?
- Does it differ in use and security from Bitcoin main chain?
- What are sidechains
- Attacks on Bitcoin
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