BTC019: Bitcoin's Layer 2 Lightning Network w/ Ryan Gentry (Bitcoin Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 31 March 2021
⏱️ 82 minutes
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| 0:00.0 | You're listening to TI-P. |
| 0:02.2 | Hey everyone, welcome to our Wednesday release of the podcast where we're talking about Bitcoin. |
| 0:06.5 | It brings me great pleasure to bring you this week's episode with Lightning Labs, Ryan Gentry. |
| 0:11.6 | Ryan provides some amazing insights about all things happening on Bitcoin's second layer. |
| 0:16.5 | Although we've talked about the Lightning Network a few times on the show, |
| 0:19.6 | we haven't dedicated an entire discussion to all the things happening on this part of the network, |
| 0:23.9 | and what it might mean for further adoption, use cases, and overall market dominance. |
| 0:29.2 | This was a fascinating discussion that you won't want to miss, so without further delay, |
| 0:33.2 | here's my chat with Ryan Gentry. |
| 0:38.4 | You're listening to Bitcoin Fundamentals by the Investors Podcast Network. |
| 0:44.0 | Now for your host, Preston Pish. |
| 0:46.4 | Hey, so we got Ryan here. Like we said in the introduction, |
| 1:00.0 | Ryan, welcome to the show. Great to have you here. |
| 1:02.4 | Thanks for having me really excited about it. I've been looking forward to this. |
| 1:05.9 | So Ryan, we've talked about the second layer on our show a couple times, |
| 1:09.9 | but we've really never got into it in depth, and you, the folks you work with, |
| 1:15.9 | it, Lightning Labs, you guys are the experts at this. I'm curious if you could give us |
| 1:22.0 | kind of a one over the world on the Bitcoin second layer Lightning Network, |
| 1:26.5 | the impetus of how it got started back in 2017 with the SegWit update. |
| 1:31.3 | In general, terms, what it means to you, if you can give us that overview, |
| 1:34.7 | I think that would really help lay the foundation of the rest of the conversation that we're going to have together. |
| 1:40.3 | Hopefully your listeners are aware that the Bitcoin blockchain is limited, |
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