Lightning Junkies

Latest Episodes:

JD and Dean Talk NFTs and Microtransactions - LNJ039 Nov 06, 2020

Show notes

Transcript: https://sicksub.network/LNJ039_Transcript

In this amazing 39th episode of the Lightning Junkies podcast we have JD and Dean of Sparkshot. Sparkshot is a website where users unveil a piece of art pixel by pixel using Bitcoin Lightning Network. They are also collaborating developing the microtransaction platform MoneySocket to help provide a pathway for Bitcoin Lightning to still perform microtransactions long term. Find out how these two different projects fit together and much more!

We talk about:

5:09 - Background
8:09 - VR 17:33 / 28:56 Sparkshot
21:51 - NFTs and Counterparty
26:05 - RGB
37:43 - Future Feasibility of Microtransactions on Lightning Network
40:25 - Moneysocket
45:35 - Bolt13 / Superinvoices
48:13 - Developing on Lightning Network as an Individual?
53:37 - Future of Moneysocket
1:09:12 - Bitcoiner Ideology

Dean’s Twitter: https://twitter.com/roskelld
JD’s Twitter: https://twitter.com/jd2983
Sparkshot’s Twitter: https://twitter.com/sparkshot_io
Money Socket’s Twitter: https://twitter.com/moneysocket

Spkarshot’s Website: https://sparkshot.io/
Money Socket’s Website: https://socket.money/

Support us here: lightningjunkies.net/support

Follow the Lightning Junkies blog: lightningjunkies.net
Follow Lightning Junkies on Twitter: sicksub.network/LNJunkies
Follow Chaz on Twitter: sicksub.network/TheChaz
Follow Lightning Cat: sicksub.network/LNJCat

Pavel Dolzhenko Talks Lightning Network Onboarding in Canada - LNJ038 Oct 21, 2020

Show notes

Transcript: https://sicksub.network/LNJ038_Transcript

This is the 38th episode of the Lightning Junkies podcast. In this episode we have Pavel Dolzhenko! Pavel is the founder of Graaf One. Graaf One is a Lighting Network based exchange located in Canada. Graaf One has recently opened to international users that wish to try out their service. Currently they only offer Canadian users a way to onboard with Canadian fiat.

We talk about:

5:41 - Background
16:20 - E-Transfers
18:06 - Is there a downside to having no minimums?
19:35 - How does the process of onboarding International Users differ from Canadians?
20:52 - Do you plan to expand to international users?
26:04 - How can we get people to see the usefulness of Lightning?
29:49 - Challenges of getting noobs into Bitcoin
33:28 - How are we going to get Bitcoin to be mainstream?
37:55 - Future of Bitcoin going?
45:42 - Volatility of the price of Bitcoin
47:41 - The future of Lightning Network
51:19 - FUD
52:44 - Paypal vs. Lightning Network
58:31 - How to combat FUD

Pavel’s Twitter: https://twitter.com/DolzhenkoPavel
Graaf’s Twitter: https://twitter.com/GraafOne
Graaf’s Website: https://www.graaf.one/

Support us here: lightningjunkies.net/support

Rabbit hole to fall down:

https://socket.money/

Mario Havel Talks Bitcoin Lightning Onboarding - LNJ037 Oct 07, 2020

Show notes

Transcription: sicksub.network/LNJ037_transcript

This is the 37th episode of the Lightning Junkies podcast! In this episode we have Mario Havel, Mario is known for being a shepherd of onboarding people to the Lightning Network. He works with Paralelni Polis and their Decentruck to extole a crypto anarchy perspective. More than that, Mario is working towards creating and existing in a parallel economy. In this episode he goes into more detail how an organization like Paralelni Polis can help create Bitcoin economies and how something like Lightning Network can do its part.

We talk about:

3:37 - Background of Paralelni Polis
7:20 - Parallel Economy
15:29 - Integrating Lightning
16:21 - Who is Lightning Network for?
18:00 - Onboarding with Lightning vs Onchain
22:29 - The Ethical Dilemma of Recommending a Custodial Wallet to a Noob
25:19 - The Lightning Arc
27:02 - Why Should You Run a Full Node?
32:01 - Best Practices for Onboarding Someone to Lightning Network
34:06 - Darknet Markets and Their Practical Use
36:01 - Darknet Market Built on Lightning Network

Mario’s Twitter: twitter.com/_TaxMeIfYouCan_
Paraleni Polis’ Twitter: twitter.com/Paralelni_polis
Decentruck Twitter: twitter.com/decentruck
Paraleni Polis’ Website: www.paralelnipolis.cz/

Support us here: lightningjunkies.net/support

Follow Lightning Junkies: lightningjunkies.net
Follow Lightning Junkies on Twitter: sicksub.network/LNJunkies
Follow Chaz on Twitter: sicksub.network/TheChaz
Follow Lightning Cat: sicksub.network/LNJCat

People Mentioned:
twitter.com/bleskomat
twitter.com/SamouraiDev
Projects Mentioned:
github.com/Kixunil/cryptoanarchy-deb-repo-builder

Alex Bosworth Talks Routing Nodes - LNJ036 Sep 23, 2020

Show notes

Transcript: sicksub.network/LNJ036_Transcript

This is the 36th episode of the Lightning Junkies podcast. In this episode we have Alex Bosworth! Alex is well known for having created Yalls.org and getting a job at Lightning Labs. He is currently working as the Lightning Infrastructure Lead. He’s also generally known as someone running a profitable routing node and having some best practices to share.

We talk about:

2:13 - Alex’s Background
8:51 - What a Lightning Infrastructure Lead does
11:38 - Bos Score
13:55 - Routing Tips
21:05 - Lightning Labs new interface
22:55 - Channel Balancing
24:37 - Opening Channels
27:38 - Multipath Payments
34:42 - Future Vision with Alex Bosworth
35:58 - Lighting Cons
36:08 - Is Lightning Safe?
37:35 - Hopes and Dreams for the Lightning Network
39:26 - Lightning Network Growth
40:34 - WBTC
43:52 - Shitcoin and Lightning Hype
46:16 - What can you do for the Lightning Network?

Alex’s Twitter: twitter.com/alexbosworth
Alex’s GitHub: github.com/alexbosworth

yalls.org

Lightning Labs’ Website: lightning.engineering
Lightning Labs’ Twitter: twitter.com/lightning

Support us here: lightningjunkies.net/support

Ankur and Michael talk Boltz Exchange - LNJ035 Aug 28, 2020

Show notes

Transcript: sicksub.network/LNJ035_transcript

This is the 35th episode of the Lightning Junkies podcast. In this episode we have Ankur and Michael! They are the force behind Boltz Exchange. Boltz exchange is a platform that allows trades between off chain Bitcoin and on-chain Bitcoin. An example transaction might be exchanging some of your Lightning channel for an on-chain balance so you have more inbound liquidity freed up. This might be useful for merchants that are looking for a quick way to free up liquidity. We talk about how their business works and more!

We talk about:

Ankur’s Background
Michael’s Background
Pros Of Lightning
Cons of Lighting
Boltz Exchange
Reverse Submarine Swap
Lightning Tools
Other Layer Two Solutions
Ethereum as Layer Two for Bitcoin
Meditation

Boltz’s Twitter: twitter.com/Boltzhq
Boltz Website: boltz.exchange

Support us here: lightningjunkies.net/support

Rabbit holes to fall down:

Alex Bosworth’s Twitter: twitter.com/alexbosworth
Strike: beta.strike.me
Naval’s Twitter: twitter.com/naval

Rene Pickhardt Talks LN Fee Blackmail Attacks - LNJ034 Aug 03, 2020

Show notes

We uploaded this again because the first version had some audio issues, our apologies.
Transcript: sicksub.network/LNJ034_Transcript

This is the 34th episode of the Lightning Junkies podcast. In this episode we have Rene Pickhardt! Rene is working on a PHD in pathfinding. Rene is prolific in the Lightning Network ecosystem, he can be found on StackExchange, Youtube, and at university teaching people about the Lightning Network. Rene is currently self employed as a data scientist.

We talk about:

Rene’s Background
How to Contribute to Lightning
“Thinking in Bitcoin”
Onion Routing
Researchers in Lightning
Hal Finney
Funding Researchers
Flood and Loot Attacks
HTLC Attacks
Security of the Lightning Network
Interaction Between Researchers and Devs

Rene’s Twitter: twitter.com/renepickhardt

Rene’s Fee Blackmail Attack Disclosure: lists.linuxfoundation.org/pipermail/lightning-dev/2020-June/002735.html
Flood and Loot Paper: arxiv.org/abs/2006.08513
Optech Newsletter: bitcoinops.org/en/newsletters/

Support us here: lightningjunkies.net/support

Lightning Sucks 2: Electric Boogaloo Elias Rohrer Talks Timing Attacks - LNJ033 Jul 14, 2020

Show notes

Transcript: https://share.descript.com/view/28112e3b-05fe-4fe7-a452-f26a22f423f4

This is the 33rd episode of the Lightning Junkies podcast. In this special episode we have guest co-host Shinobi of BlockDigest! PHD Payment Channel researcher Elias Rohrer joined us for this episode to talk about his research paper. We cover not only some of the drawbacks on the Lightning Network, but also possible ways to overcome the centralized nature of the Lightning Network.

We talk about:

Elias background
Threats to Lightning Network Privacy
Elias’ Paper
Adversary Models
Challenges in the Lightning Network
Threats from Blockchain Analysis
The Costs of Good Opsec
Timing attacks

Elias’ Twitter: Elias Rohrer (@_tnull)

Elias’ paper: https://arxiv.org/pdf/2006.12143.pdf

BlockDigest where Shinobi Talks about Elias’ Paper: https://www.youtube.com/watch?v=YmHBXMHD76M&t

Shinobi’s Twitter: Prince of the Universe |SHI256| (@brian_trollz)

Shinobi’s Previous LNJ Episode: sicksub.network/LNJ011

Support us here:lightningjunkies.net/support

Follow the Lightning Junkies blog: lightningjunkies.net

Follow Lightning Junkies on Twitter: sicksub.network/LNJunkies

Follow Chaz on Twitter: sicksub.network/TheChaz

Follow Lightning Cat: sicksub.network/LNJCat

Jack Everitt How to Get Rich With Lightning Gaming -LNJ032 Jul 03, 2020

Show notes

Transcript: https://share.descript.com/view/c13c7037-cc14-4252-a8d4-6d10acdc5665

This is the 32nd episode of the Lightning Junkies podcast. In this episode we have Jack Everitt!Jack is known for his development of the Bitcoin Bounce game under his business Thndr Games. Bitcoin Bounce is a game available on iOS and Android that enters you into a daily competition for satoshis depending on how well you do in the game.

We talk about:

Jack’s Background
Bitcoin Bounce
Ways to Make Money via Gaming
Game Ecosystems and Economies
The Evolution of Lightning
How to get Nocoiners Onboard
VR and Bitcoin Community
MintGox

Jack’s’s Twitter: https://twitter.com/jackeveritt

MintGox’s Twitter: https://twitter.com/MintGox

MintGox Website: https://mintgox.com/

Thndr Games Website: https://thndr.games/games

Support here:lightningjunkies.net/support

Get Subscribed to our Mailing List: lightningjunkies.net/signup/

Check out our Merch store: store.lightningjunkies.net/

Follow the Lightning Junkies blog: https://lightningjunkies.net

Follow Lightning Junkies on Twitter: https://twitter.com/LNJunkies

Follow Chaz on Twitter: https://twitter.com/thechaz

Follow Lightning Cat: https://twitter.com/LNJcat

Hungry for more Lighting Gaming? check out our other LN Gaming episodes!

sicksub.network/LNJ022
sicksub.network/LNJ024

Ben Arc talks Lightning Network Hardware Projects - LNJ031 Jun 17, 2020

Show notes

Transcript: https://share.descript.com/view/3ca51023-b476-4027-b3bd-4a9b9eb6eb20

This is the 31st episode of the Lightning Junkies podcast. In this episode we have Ben Arc! Ben is known for working on hardware projects such as a Bitcoin ATM and Lightning Network Point of Sale devices. With a background in tech, he has been working to educate people on the benefits of using your own hardware as well as how to do it.

We talk about:

Ben’s Background
Ad Blockers
The Education System
Hardware Projects
- There are different ways to integrate hardware into the bitcoin ecosystem. One thing that Ben has worked on is a small candy machine that will dispense the candy once you have paid a lighting invoice.
M5Stack Projects
Bitcoin ATM
Casa, Mynode, Open Node
Raspberry Pi Used as Nodes
Contributing to Bitcoin

Ben’s Twitter: https://twitter.com/BTCSocialist
LNBits’ Twitter: https://twitter.com/lnbits

Ben’s Github: https://github.com/arcbtc
LNbits’ Website: https://lnbits.com/

World Crypto Network BTCIOT Tutorial Playlist: https://www.youtube.com/playlist?list=PLPj3KCksGbSZKreZoGd9qMwCVoi4Cn7BS

Ad blocking service Website: https://pi-hole.net/

Support here: lightningjunkies.net/support

Follow the Lightning Junkies blog: https://lightningjunkies.net
Follow Lightning Junkies on Twitter: https://twitter.com/LNJunkies
Follow Chaz on Twitter: https://twitter.com/thechaz
Follow Lightning Cat: https://twitter.com/LNJcat

Alex Gladstein Talks Privacy with the Lightning Network - LNJ030 Jun 03, 2020

Show notes

Transcript: https://share.descript.com/view/e053a440-1697-44fa-87ea-bcad854723c2

This is the 30th episode of the Lightning Junkies podcast. In this episode we have Alex Gladstein! Alex has a background as a human rights activist. He is currently working as the Chief Strategy Officer at the Human Rights Foundation. Alex is a proponent of using the lightning network as a layer to maintain financial privacy.

We talk about:

Alex’s background
Use Case of Bitcoin
- Anonymously donating to activists
Lightning as a Solution to Scaling
- Keeps transactions off-chain
Bitcoin + Human rights
- Privacy
- Using BTC can protect the privacy of donor to a human rights foundation
Bitcoin’s dark beginnings
Lightning’s use case in gaming
- Microtransactions with almost instant settlement
- Across any platform
Doubts of Lightning
- Scaling
- Higher on-chain fees could mean higher Lightning fees
Covid’s Effect on Privacy
- When Covid-19 started taking over, totalitarian governments used it as an excuse to up their game.
- Apple and Google are releasing apps to track people in a way that previously would have been unthinkable.