Lightning Network Labs for Bitcoin network.

Lightning Network defined

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, CEO of Lightning Labs, on YahoO

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  

TR Discusses Lightning Network vS LIBRA

Discussing LIBRA, Lightning and DAO applications for the future of Fintech at the AIBC Summit in 2019. 

Building the New Financial System from the Ground Up

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 

Jack Dorsey & Elizabeth Stark

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 

lightning network whitepaper

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.

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