Tag Micropayments

21 with Balaji Srinivasan

http://traffic.libsyn.com/sedaily/twentyone_edited.mp3Podcast: Play in new window | Download Bitcoin is underappreciated even to this day. The public focus is usually on the speculative value, but Bitcoin has functional value as a technology platform. If I want to make 100 transactions with my bank for 1 cent, the bank won’t allow it. Our current financial infrastructure is not set up for micropayments. Bitcoin is built with micropayments in mind. As Bitcoin works

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Sidechains and Lightning Networks with Rusty Russell

http://traffic.libsyn.com/sedaily/sidechains_rusty_russell_fixed.mp3Podcast: Play in new window | DownloadA sidechain is a blockchain you can move bitcoins into and back from, which may have different abilities than the bitcoin blockchain. The lightning network is a caching layer for bitcoin, which allows instant sending and failover to the normal bitcoin network if something goes wrong. Rusty Russell is an Australian free software programmer and advocate, known for his work on the Linux kernel’s networking subsytem and the Filesystem

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