• Rusty Russel: Free Software, The Lightning Network, & Micropayments - Bitcoin with Jake #74

  • Apr 17 2023
  • Length: 50 mins
  • Podcast
Rusty Russel: Free Software, The Lightning Network, & Micropayments - Bitcoin with Jake #74 cover art

Rusty Russel: Free Software, The Lightning Network, & Micropayments - Bitcoin with Jake #74

  • Summary

  • "... If something's really, really critical then you need to give someone all the pieces." - Rusty

    BWJ 074: Rusty has been paid to write free software for over 25yrs and was the first to implement a client for the Lightning Network. He currently works at Core Lightning & Blockstream.

    In this episode you will learn about:

    • 1:48 Free software developer lens
    • 2:57 An earlier solution to Bitcoin scalability
    • 5:37 Difference between free & open-source
    • 14:19 Crypto noise & Bitcoin’s value
    • 22:01 Building layer 2 for “a huge under served market”
    • 29:57 Differences to credit cards
    • 31:47 How does he make money?
    • 36:38 Developing the Lightning Network
    • 39:40 Most heavily vetted software in history?
    • 42:39 Fan question

    This episode was sponsored by:

    • Bitcoin's social layer - ⁠⁠Orange Pill App⁠⁠

    Learn the full backstory of Orange Pill App from the founder:

    • ⁠⁠On YouTube⁠⁠
    • ⁠⁠On Podcast⁠⁠

    Affiliates:

    • Bitcoin Miami - Miami - 18/5/23 - ⁠purchase tickets here⁠ with discount code "Jake"

    Relevant links:

    • ⁠⁠⁠⁠⁠@Rusty_Twit⁠⁠ on Twitter
    • Website: Coding Blog

    Please support this free show:

    • Donate to our ⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠ on Geyser

    How else can you help?

    • Rate
    • Subscribe
    • Share

    Get in touch:

    • Personal Twitter: ⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠
    • Podcast Twitter: ⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠

    Thank you so much for taking the time and effort to support the show!

    Best,

    Jake

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