Bitcoin Lightning Network is BROKEN! w/ Paul Sztorc | BTC Layer-Two's Ranked - podcast episode cover

Bitcoin Lightning Network is BROKEN! w/ Paul Sztorc | BTC Layer-Two's Ranked

Oct 25, 202327 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Bitcoin developer Antoine Riard has identified and reported what he believes might be a major security risk in the Bitcoin Lightning Network. In a report recently published, Riard shared that the loophole could potentially endanger funds moving through the Lightning Network. This speaks to a much broader issue in the Bitcoin community and innovation in it's layer-2 projects.

00:00 intro
00:38 Paul Sztorc vs Lightning Network
02:19 Lightning Broken
04:24 Growth of Network
05:18 Lightning Security Risk
06:28 Bitcoin Payments Failing
07:34 Visa x Solana Test
08:28 Failing Payments
09:26 Payment Chain Competition
10:28 Michael Saylor on Micro-Payments
11:25 Impossible on Lightning Network?
13:05 Bitcoiners vs Paul Sztorc
14:28 Drivechain Proposal
16:17 Why Bother with BIPs?
19:20 RANKING Bitcoin Layer-2's
22:49 Other Bitcoin Ideas
24:04 Halving vs ETF Importance
26:13 outro

Guest: Paul Sztorc, Founder and CEO · LayerTwo Labs LayerTwo Labs website ➜ https://layer2labs.com/

Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Market Sentiment Index ➜ https://bit.ly/MarketSentimentIndex
Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON
For the best experience, listen in Metacast app for iOS or Android