Lightning Network is a payment protocol that operates on the top of the Bitcoin network and we're going to explain how it works in this video.
Video by @finematics on Youtube
Elizabeth Stark goes on Yahoo Finance to talk about the Lightning Network and how the world is changing from a "blockchain" to a "bitcoin" world.
Via: Yahoo Finance on Youtube
Discussing LIBRA, Lightning and DAO applications for the future of Fintech at the AIBC Summit in 2019.
Elizabeth Stark being interviewed by Soona Amhaz will discuss how the crypto space has evolved from the invention of bitcoin to the current phase.
Where are we now and what are the next steps for bitcoin?
What problems does Elizabeth’s company Lightning Labs solve and what’s the grand vision?
Via: Slush Channel on Youtube
Bitcoin: Native Currency of the Internet
Jack Dorsey (CEO of Twitter & Square) & Elizabeth Stark (CEO of Lightning Labs) join me to talk about the vision of Bitcoin as native currency of the internet. Bitcoin's principles, resilience, and being 'of the internet' are what make it special. In this special episode we discuss: How Jack came to understand Bitcoin and view it as potentially the native currency of the internet.
Via: Stephen Livera on Youtube
The Bitcoin Lightning Network
By Joseph Pool & Thaddeus Dryja
The bitcoin protocol can encompass the global ﬁnancial transaction volume in all electronic payment systems today, without a single custodial third party holding funds or requiring participants to have anything more than a computer using a broadband connection. A decentralized system is proposed whereby transactions are sent over a network of micropayment channels (a.k.a. payment channels or transaction channels) whose transfer of value occurs oﬀ-blockchain. If Bitcoin transactions can be signed with a new sighash type that addresses malleability, these transfers may occur between untrusted parties along the transfer route by contracts which, in the event of uncooperative or hostile participants, are enforceable via broadcast over the bitcoin blockchain in the event of uncooperative or hostile participants, through a series of decrementing timelocks.