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

Oct 25, 2023 · 26m 57s
Bitcoin Lightning Network is BROKEN! w/ Paul Sztorc | BTC Layer-Two's Ranked
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...

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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/

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Author Rever Networks
Organization Rever Networks
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