Unconfirmed: Why It Doesn’t Make Sense to Compare Lightning to DeFi - Ep.279

Ryan Gentry, business development lead at Lightning Labs, discusses the latest updates on the Lightning Network, the layer 2 solution for Bitcoin. Highlights:
how Lightning Network is bringing Bitcoin to the masses through partnerships with Twitter, Substack, and Paxful what the significance of El Salvador adopting Bitcoin means for the Lightning Network how many nodes are running Lightning Network nodes why the capacity on the Lightning Network has grown rapidly how Ryan has seen interest in Lightning has changed since the El Salvador announcement earlier this year what stage of adoption Ryan thinks the Lightning Network is why Lightning Network total-value-locked should not be compared to Ethereum L2s or other DeFi protocols  how Lightning Network differs from DeFi what metric Ryan believes is the best way to measure adoption on Lightning Network how El Salvador has changed the types of transactions being made on Lightning Network what’s next for Lightning Network and how Lightning micropayments could affect how podcasts (like Unchained!) are distributed Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021
Nodle: https://bit.ly/3AXGydJ
Sorare: https://sorare.com

Episode Links

Ryan Gentry
Twitter: https://twitter.com/ryanthegentry
The Summer of Lightning: Reaching the Tipping Point
https://lightninglabs.substack.com/p/the-summer-of-lightning-reaching
Lightning Labs
Twitter: https://twitter.com/lightning Website: https://lightning.engineering/
Lightning Enabled Tips
Twitter: https://blog.twitter.com/en_us/topics/product/2021/bringing-tips-to-everyone  Substack: https://decrypt.co/79215/substack-accept-bitcoin-payments-lightning-network
Paxful Integration
https://bitcoinmagazine.com/business/paxful-integrates-bitcoin-lightning-network
Arcane Research Paper
Paper: https://static1.squarespace.com/static/60377b34e7791c1277aaae97/t/615cb9aeaab8c63e1a732771/1633466815710/The+State+of+Lightning.pdf Tweet thread: https://twitter.com/ArcaneResearch/status/1445749299703205894
Lightning Network stats
https://studio.glassnode.com/metrics?a=BTC&c=native&category=Lightning&chartStyle=column&contractExpiration=1640908800&ema=0&m=lightning.NetworkCapacitySum&mAvg=0&mMedian=0&resolution=24h&zoom=all https://1ml.com/statistics
Lightning Network Resources
https://www.lopp.net/lightning-information.html
Preston Pysh episode with BTC Sessions
https://www.youtube.com/watch?v=E5bBJjVEg1U