Episode 174: Understanding the Lightning Network

Why this piece of technology will radically change the way bitcoin operates.


In this episode of Around The Coin, Faisal & Nako get on the air to continue with their BTC (Behind The Coin) series. We discuss the very basics of the Lightning Network and what it means for normals folks like you and I (not to mention Bitcoin enthusiasts).

We try to explain why the lightning network is important and what is the difference between on-chain transactions versus off-chain transactions.

We try to cover this without getting technical. Let us know how we did?

Otter Labs -> Otter helps startups hire talented inexpensive developers faster through staff augmentation, focusing on Argentina.

Redeeem -> Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.


Faisal Khan

Nako Mbelle

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Episode Transcript