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Bitcoin Payment Channels with Alex Bosworth
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on February 23, 2022 05:08 (). Last successful fetch was on November 25, 2021 01:18 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 222664473 series 1435652
The Bitcoin main chain is a large distributed ledger of transactions. Bitcoin is useful for maintaining a trusted record of payments, but is not practical for small day-to-day payments.
Bitcoin payment channels allow users to issue small payments to each other without paying the high transaction cost and latency of going through the main chain. When payment channels are connected to each other, a “lightning network” is formed. Lightning network is often referred to as a “second layer” scalability solution.
Alex Bosworth is a lightning infrastructure lead at Lightning Labs, a company that builds infrastructure for scaling blockchains. In today’s show, Alex explains how Bitcoin payment channels work, and provides some context on how developed the modern infrastructure is in terms of practical use cases for Bitcoin.
The post Bitcoin Payment Channels with Alex Bosworth appeared first on Software Engineering Daily.
92 에피소드
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on February 23, 2022 05:08 (). Last successful fetch was on November 25, 2021 01:18 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 222664473 series 1435652
The Bitcoin main chain is a large distributed ledger of transactions. Bitcoin is useful for maintaining a trusted record of payments, but is not practical for small day-to-day payments.
Bitcoin payment channels allow users to issue small payments to each other without paying the high transaction cost and latency of going through the main chain. When payment channels are connected to each other, a “lightning network” is formed. Lightning network is often referred to as a “second layer” scalability solution.
Alex Bosworth is a lightning infrastructure lead at Lightning Labs, a company that builds infrastructure for scaling blockchains. In today’s show, Alex explains how Bitcoin payment channels work, and provides some context on how developed the modern infrastructure is in terms of practical use cases for Bitcoin.
The post Bitcoin Payment Channels with Alex Bosworth appeared first on Software Engineering Daily.
92 에피소드
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