BTC019: Bitcoin's Layer 2 Lightning Network w/ Ryan Gentry (Bitcoin Podcast)

[We Study Billionaires - The Investor’s Podcast]

IN THIS EPISODE, YOU'LL LEARN:

• What is Bitcoin's second layer?
• Where does lightning labs fit into the second layer
• What is Lightning pool?
• How is liquidity managed on the second layer
• Why does a person have an incentive to run a node
• Why open channel with other nodes
• What are the nodes that will benefit the post from opening many channels
• What are the incentives for people to use lightning
• What will things like Sphinx chat enable in the future

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• Follow Ryan Gentry on Twitter
• Follow Lightning Labs on Twitter
• The lightning labs website
• Sphinx Chat
• Run an umbrel full node
• Browse through all our episodes (complete with transcripts) here.

SPONSORS

Support our free podcast by supporting our sponsors:

• River
• Toyota
• TurboTax
• Fidelity
• Meyka
• NDTCO
• Fundrise
• iFlex Stretch Studios
• Public
• NerdWallet
• American Express
• Shopify
• NetSuite

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