Is There a Base Fee?

Rene Pickhardt is an independent researcher working on improving payments on the Lightning Network.

In our talk, Rene explained his experience doing independent Bitcoin research, how multi-part payments and zero base fees can improve Lightning payments, and some of the limitations of the Lightning Network today.

→ Rene’s Website: https://ln.rene-pickhardt.de/

Sponsors

→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo

→ ZEBEDEE: https://zbd.gg/

At the end of every show, I answer any questions listeners send in over the Lightning Network.

To ask a question, send a message, or to support the show, download Fountain from the App Store and load your wallet with a few sats.

→ Fountain: https://www.fountain.fm/

→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT

→ Lightning Address: ⚡kerooke@fountain.fm

Links

→ Twitter: https://twitter.com/kerooke

→ Books: https://www.kevinrooke.com/book-recommendations

→ Blog: https://www.kevinrooke.com/blog

Timestamps

00:00 - Intro

02:21 - Rene Pickhardt Intro

10:40 - Rene’s Experience Writing Mastering The Lightning Network

15:41 - Rene’s Experience as an Independent Researcher

27:41 - Multi-Part Payments

47:51 - Reliability, Fees, and Latency on Lightning

54:15 - Zero Base Fees

1:09:57 - Real-World Parallels for Lightning Network Architecture

1:16:41 - Limitations of the Lightning Network

1:21:01 - The Lightning Round