Basics_06 - The Lightning Network

Published: April 14, 2023, 2:10 p.m.

The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn't "on chain," and what are the best tools to start exploring? All this and much more in today's show.\n\nHere are the many links for further exploration and learning to dive into:\nWallets and Apps to check out:\nPhoenix Wallet: https://phoenix.acinq.co/\nBreez | The Interface of the Lightning Economy: https://breez.technology/\nFountain | The podcast app that pays: https://www.fountain.fm/\nAlby: Your Bitcoin & Nostr companion for the web: https://getalby.com/\nStacker news: https://stacker.news/\nZeus: Bitcoin payments your way: https://zeusln.app/\n\nEpisodes to listen to:\nChat_74 - Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089\nRead_699 - What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375\nRead_701 - Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878\n\nFiat to Lightning Services:\nStrike: https://strike.me/\nRiver Financial: https://river.com/app\nCash App: https://cash.app/\n\nGuy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev\nCode BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets!\n\nDon't forget to check out our amazing sponsors:\n\u2022 The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy)\n\u2022 Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold)\n\u2022 Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard)\n\n------------------------------------\n"Nobody ever figures out what life is all about, and it doesn't matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough."\xa0\xa0\n\u2014 Richard P. Feynman\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message