BTC153: Bitcoin's Taproot Asset Protocol w/ Ryan Gentry (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 25 October 2023

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

Preston Pysh is joined by Lightning Lab’s very own Ryan Gentry to talk about some of the new and exciting software technology that’s going to change the way people interact with the Bitcoin Lightning Network.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

05:54 - What is the Taproot Asset Protocol (TAP)?

12:05 - How can the TAP be used with Bitcoin?

15:41 - What impact will sending Dollars over the Bitcoin Network have for people needing fiat stable coins?

15:41 - What does the competition look like for fees and settlement speeds on this network relative to other protocols?

25:06 - What does it take to run this software on a Bitcoin full node?

30:20 - What are Ryan's thoughts about altcoins potentially being used on Bitcoin?

35:42 - What are Ryan's thoughts on securities being tokenized on the TAP?

52:56 - How could stock certificates be managed on TAP?

52:56 - What are some of his concerns and highlights with the TAP use?

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Transcript

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0:00.0	You're listening to TI-P.
0:03.0	Hey everyone, welcome to this week's episode of the Bitcoin Fundamentals podcast.
0:06.9	On today's show I have back Lightning Labs' very own Ryan Gentry to talk to us about some
0:11.6	of the new and exciting software technology that's going to change the way people interact
0:15.9	with the Bitcoin Lightning Network.
0:18.2	With the Taproot asset protocol that interacts with Lightning, outside entities can now tokenize
0:24.4	dollars or any other stablecoin and send them over the Lightning Network via the channels
0:29.7	that connect all the nodes.
0:31.9	During this discussion, Ryan does an exemplary job making this highly technical achievement
0:36.7	accessible to the listener along with the risks and opportunities that it affords.
0:42.2	There's a lot happening and this conversation is one you definitely will not want to miss,
0:46.9	so here's my chat with the thoughtful Ryan Gentry.
0:54.4	Bitcoin Fundamentals by the Investors Podcast Network.
0:58.4	Now for your host, Preston Pish.
1:11.4	Hey everyone, welcome to the show.
1:13.4	I'm here with Ryan.
1:14.4	Ryan, it's been too long.
1:16.4	It's been a bear market.
1:18.4	You've been building and welcome back to the show.
1:21.4	Super excited to be here.
1:23.4	Thanks for having me on.
1:25.4	Yes.
	...

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