Let’s Talk Bitcoin! #424 What Are Lightning Wallets Doing to Help Onboard New Users?

Let’s Talk Bitcoin! #424 What Are Lightning Wallets Doing to Help Onboard New Users?

The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show (Adam B. Levine, Andreas M. Antonopoulos, Jonathan Mohan and Stephanie Murphy) gathered to discuss Lightning Network technology and two innovative approaches at the wallet level which simplify the new-user experience at a tangible, but seemingly minimal cost.

This episode of Let’s Talk Bitcoin! is sponsored by Brave.com, eToro.com and Purse.io.

In today’s podcast we zero in on the challenge of „Channel Management“, an until-recently-mandatory and manually-managed part of connecting to and utilizing the still-nascent Lightning Network.

A little context: The way Andreas (someone already using Lightning) sends a payment to Stephanie through Lightning is either through a direct channel to her or through a route of hops that can eventually reach Stephanie.

But if a user is brand new to the Lightning network, how do they go about receiving their first payment? – This question has been answered by both ZAP wallet and Phoenix wallet, using different techniques.

Mountain Stairs Photo by Joshua Earle on Unsplash

Lightning Photo by Dominik QN on Unsplash

This episode was produced by James and featured Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy, and Jonathan Mohan

Music for today’s episode was provided by Jared Rubens, and Gurty Beats, with editing by Jonas.

Would you like to Sponsor a future episode of the Let’s Talk Bitcoin! show? Do you have any questions or comments? Email adam@ltbshow.com



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Chain Reaction – Multicoin’s Kyle Samani: The Evolution Of the Web3 Stack

Chain Reaction – Multicoin’s Kyle Samani: The Evolution Of the Web3 Stack

Host Tom Shaughnessy talks to Kyle Samani, Founder and Managing Partner of Multicoin Capital. Kyle discusses his predictions for the middle layer and full-stack development, attracting developers to the crypto space, how competition in the industry will develop, and a complete discussion on the Web3 Stack.

Key Points

While there are a lot of opportunities higher up the stack, there is the most money in layer one because that’s what has been proven stable over time.The next few years will see an explosion of Web3 experimentation.In crypto, like with everything in technology, developments will happen very slowly, then suddenly very quickly.Quotes

‚œWhen I think about opportunities for investing in the middle layer, they are generally less competitive as a function of market size, and not as many developers recognize that those markets exist.‘ ‚“Kyle Samani

‚œAs these services continue to mature, we’re going to start to see people build world-class applications'“we’re going to start to see new things come out over the next 12 months or so.‘ ‚“Kyle SamaniEpisode Highlights

Kyle recently published his 2019 update to the Web3 stack, which is about inverting the data model that powers the internet so that users own their own data.Kyle predicts that what we will increasingly see over the next few years will be more heterogeneity in investments, which will lead to more consolidation.Tech companies and teams that don’t pivot the right way will likely go down with their last dollar.Kyle thinks companies that are forced to run on a chain other than Ethereum or choose to explore that will choose chains that are very good at one specific thing.It’s difficult to attract new developers into crypto because the business models to make money are not yet understood.People are not good at having an historical sense of technology and understanding that once the basic idea for something arises, it takes many more years for the first iteration of the thing that will make those core ideas work.There are a lot of opportunities right now in the middle layers.There is the most money in layer ones.Developers typically want to know what will be possible in 12-24 months so they can build better applications upfront.There are structural issues with pushing complexity up the stack; the whole purpose of layer one is to abstract the complexity.Kyle agrees with Spencer Bogart of Blockchain Capital that most competition will eventually happen vertically, on one or a small number of chains.Kyle predicts that Polkadot will attack Ethereum this year, based on their recent behavior.Full-stack integrated approaches are great, but no one team can pull off all that complexity in any reasonable timeframe.Resources Mentioned:

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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Tom Shaughnessy owns tokens in ETH, BTC, XTZ, STX, SNX, RUNE, sUSD and HNT. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service.



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Proof of Love Ep. 44 Surrogacy with Alice Hlidkova

Proof of Love Ep. 44 Surrogacy with Alice Hlidkova

On this episode of #ProofofLove, we invited Alice Hlidkova on to discuss the topics of surrogacy and freezing your eggs for future pregnancies.

Freezing eggs is a rising trend and Alice who recently went through the procedure gives us some answers to our questions:

  • What does it mean to freeze your eggs and what is the process?
  • What is the average age for a woman to freeze her eggs and at what age do the chances of becoming pregnant go down?
  • Do your genetics affect the likelihood of getting pregnant?

We also discuss the topic of surrogacy and Alice through her research provides us with some answers to:

  • The costs of surrogacy in the U.S.
  • What the legal obligations are for being a surrogate
  • The role of the surrogate mother in the child’s life

She gives us some background about her new book, „Pretty Girl Complex: The Story of a Superheroine.“ The book she describes is based on a conversation with a woman from the crypto space. The character, Katie Washington is a Miami based dancer who becomes a parent before becoming a surrogate parent to a woman named Amy who couldn’t have a child due to her contracting HIV. Alice shares with us the driving force and motivation for her writing the story about the death of her stepmom at 36 of ovarian cancer who couldn’t have children.

About the Guests:

Alice Hlidkova is a futurist, startup coach, and technology consultant, who was raised in New York City. She is also an international media personality and speaker, who co-founded New Economies LTD to accelerate the adoption of emerging technologies, such as blockchain, fintech, and artificial intelligence through high-quality, educational video content. Alice completed a writing course at New York University. She received her Master’s in Public Administration (MPA) from Carnegie Mellon University in 2017, where she helped launch several tech programs and the MetroLab Network Initiative to bring new technologies from labs to cities. As a freelance investigative journalist and entrepreneur, Alice has spent a decade writing articles on technology, business, culture, and women. In recent years, she ghostwrites for clients, with her latest work published in Forbes and Inc. magazines. She continues to explore women as superheroines and how demographic patterns and new technologies intersect. Alice enjoys advocating for women in tech, splitting her time between London and the United States.

Do you have a burning question, or a show idea for us? Please email us at tatiana@proofoflovecast.com!

More Info:

https://www.TatianaMoroz.com

https://www.alicehlidkova.com

https://www.amazon.com/Pretty-Girl-Complex-Story-Superheroine/dp/1700120972/ref=mp_s_a_1_1?keywords=alice+hlidkova&qid=1576806511&sr=8-1

https://www.CryptoMediaHub.com

Friends and Sponsors of the Show):

https://www.LetsTalkBitcoin.com/

https://www.TheTatianaShow.com

Remember, this is a new show, so if you like it, please be sure to tell 3 friends! Leave a good review on Itunes, and be sure to follow us on our socials!

*You have been listening to Proof of Love. This show may contain adult content, language, and humor and is intended for mature audiences. If that’s not you, please stop listening. Nothing you hear on Proof of Love is intended as financial advice, legal advice, therapy or really, anything other than entertainment. Take everything you hear with a grain of salt. Oh, and if you’re hearing to us on an affiliate network, the ideas and views expressed on this show, are not necessarily of the those of the network you are listening on, or of any sponsors or any affiliate products you may hear about on the show.



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The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi – WBD187

The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi – WBD187

Location: Skype

Date: Friday, 17th January

Project: Block Digest

Role: Host

Beginners Guide Part 6 – How Bitcoin Works with Shinobi:

As a newcomer to Bitcoin, you can begin using the network without understanding the protocol. While in the early days Bitcoin required a level of technical knowledge, there is now a plethora of companies creating products which abstract this away.

As Bitcoin is such a unique form of money, you should invest time in understanding some of the more complicated aspects such as how the protocol works. While there are good wallets which will take care of validating transactions for you, by operating a node, you can become fully self-sovereign by validating your transactions.

The Bitcoin protocol is complicated, so in this episode, we give you an introduction and overview of how it works:

Supply – Bitcoin has a fixed supply of 21 million coins and a fixed supply issuance. Starting at 50BTC per block this reward is cut in half every 210,000 blocks (or ~every four years).

UTXOs – an Unspent Transaction Output which is used as an input for a new transaction.

Open-source – openly available source code that anyone can access allowing anyone to review and contribute to the code.

Consensus rules – the rules that full nodes must follow to be in agreement with all other nodes on the state of the blockchain

Full Node – a program that verifies and validates all transactions and blocks for the entire history of the Bitcoin blockchain

Mining – the process of adding transactions to the Bitcoin ledger and securing the network. Miners create blocks by spending energy in what is known as proof of work.

The difficulty adjustment – this alters every 2016 blocks (~2 weeks) based on the time it took to mine the previous 2016 blocks, which is how the network can maintain a ~10 minute block time.

In Part 6 of the Bitcoin Beginner’s Guide, I am joined by Shinobi, host of Block Digest. In this episode, we are looking at how the Bitcoin protocol works. We discuss the supply & halvings, transactions & UTXOs, consensus rules, mining and nodes.



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4 Minute Crypto – Jack Dorsey’s Square Is Awarded A Patent for Real Time Crypto to Fiat Swaps

4 Minute Crypto – Jack Dorsey’s Square Is Awarded A Patent for Real Time Crypto to Fiat Swaps

On January 21st, the United States Patent Office awarded Square a patent for a technology that the team argues cracks a present barrier in merchant transactions.

CONTACT INFO

YouTube Channel

SUPPORT

Gary is available to keynote or emcee your Bitcoin/Crypto event. Please email GaryLeland@gmail.com for additional info.

DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.



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Citizen Bitcoin – Knut Svanholm: Freedom and Hyperbitcoinization

Citizen Bitcoin – Knut Svanholm: Freedom and Hyperbitcoinization

Knut Svanholm is the author of Sovereignty Through Mathematics. Knut and I talk about how this fiat monstrosity erodes our basic freedoms and how the discovery of absolute scarcity that is bitcoin will restore and protect those freedoms. We talk a bit about lighting and close out by riffing for quite a while on the prospects of hyperbitconization and how it could affect our social order.

Music: Moon in the Sky by Hobotek

Links from the episode:



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POV Crypto – Who is Udi Wertheimer? w/ Udi Wertheimer

POV Crypto – Who is Udi Wertheimer? w/ Udi Wertheimer

Udi Wertheimer is a very controversial figure in the cryptosphere. The Ethereum twitter community thinks of Udi as something between a toxic maxi, a clown, and a perpetual troll, while the Bitcoiner community seems to enjoy his antics. We bring him on POV to discuss his motives and ideas to get a deeper look at who exactly is Udi Wertheimer?

Sponsors

  • eToro – Sign up for the best trading in Crypto
  • Quantstamp – Get a security audit with the experts
  • Unchained Capital – Easy BTC cold storage and BTC backed loans

Please rate and share the podcast!

You can find us‚@POVCryptopod‚on Twitter.‚

David Hoffman on Twitter and Medium‚@TrustlessState

Christian Keroles on Twitter‚@ck_SNARKs

Send Bitcoin: 3P1kkSBdsc2vPWXin3h6bdVeTS4BzXdNG1

Send Ether: POVCrypto.eth



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Bitcoin & Co – How Locha Mesh Let’s You Chat and Send Bitcoin Anonymously Without Internet

Bitcoin & Co – How Locha Mesh Let’s You Chat and Send Bitcoin Anonymously Without Internet

**Topics:**

Randy Brito is the founder of bitcoinvenezuela.com and the CEO of Locha Mesh. With the Locha Mesh device one can send text, audio, and Bitcoin without cell service or internet as long as the device has battery life. Locha Mesh nodes create high bandwith long range decentralized radio networks to connect devices at up to 4km away from each other, and relay information to reach longer distances.

We talk about:

  • Locha Mesh censorship resistant payments and internet
  • Bitcoin payments without internet and without electricity
  • Each device is a node by itself
  • Blockstream satellite sends block data
  • Building their own protocol
  • You can browse the internet with the device
  • Send text messages, images, bitcoin transactions
  • You can build your own apps
  • Business Idea and Network effect
  • Alternative communication infrastructure
  • Privacy



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Chain Reaction: Tradecraft’s Jake Ryan: the Age of Autonomy

Chain Reaction: Tradecraft’s Jake Ryan: the Age of Autonomy

Host Tom Shaughnessy talks to Jake Ryan, Founder and general partner of Tradecraft Capital and author of an upcoming book on crypto investing. Jake discusses his prediction for the Age of Autonomy, the challenges of predicting where crypto will go, and more.

FYI: We’re looking for long term show sponsors. To be considered as a sponsor this show, contact Tom@DelphiDigital.io

Key Points:

  • Society is at the end of the Age of Information and is headed into what Jake calls the Age of Autonomy.
  • Competition drives adoption of new technologies.
  • Automation and human intervention, and centralized and decentralized currencies, will likely always need to coexist.

Quotes

‚œAs we see these technologies converge, we’re going to see orgs & businesses start to build autonomous operations, & businesses that don’t have autonomous operations simply won’t be able to compete with those that do bc autonomy is the ultimate competitive advantage.‘ ‚“Jake Ryan

‚œHumans do a great job at envisioning the future and they do a really terrible time at timing it. It’s just too complex.‘‚“Jake Ryan

Episode Highlights:

  • Jake’s book on crypto investing is set to come out in the first quarter of 2021.
  • He moved from app development into angel investing about 5 years ago, which is what led him to crypto.
  • Jake calls this the ‚œage of autonomy,‘ based on theories of short-wave and long-wave economic cycles driven by technological revolutions.
  • By autonomy, Jake is referring to automation, artificial intelligence, the internet of things, robotics, and now crypto.
  • Jake sees us as being in the mature phase of the Age of Information.
  • Jake urges us not to view these changes with judgment, as right or wrong, but simply as fact.
  • He sees a future intersection of these various technologies, with blockchain as the glue between them.
  • Automation will not drive out humans if we make more complex and decentralized governance systems, but overall, over decades, human intervention will become less and less required.
  • The economy needs a currency that will ride the economy through inflation and deflation, and a currency that stores value well over time, and those appear to be mutually exclusive.
  • Jake believes we won’t go to full decentralization but that we’ll always have both centralized and decentralized currencies.

Resources Mentioned:

Support The Show

Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Tom Shaughnessy owns tokens in ETH, BTC, XTZ, STX, SNX, RUNE, sUSD and HNT. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service.



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Weekly Bits #12: What The Fed’s Repo Market Pump Means For Bitcoin

Weekly Bits #12: What The Fed’s Repo Market Pump Means For Bitcoin

The Federal Reserve has funneled roughly $500 billion into the repo market since September 2019 in what was originally pitched as temporary operations. Now, it wants to extend the same efforts to smaller institutions in an unprecedented extension of its influence over the economy. On this episode, Colin and Peter discuss Bitcoin Magazine’s cover story about the Fed’s actions and what they tell us about our financial system. If this reminds anyone of the climate before The Great Recession, then Bitcoin could be a solution.

Resources

The Fed Repo Market Is a Dam Ready to Break

Twitter

Bitcoin Magazine

Peter Chawaga

Colin Harper



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