Blockware Podcast cover image

A Deep Dive on Bitcoin Scaling Solutions with John Light

Blockware Podcast

00:00

The Basics of Lightning

The basic mechanics of lightning are that users open lightning channels with each other. Outbound channel is where you open a channel with somebody else, an inbound channel is Where somebody else opens a channel to you. And then you can send money out of the channel and receive it back through the channel. But those transactions that you're sending through the channel happen off chain. Rollups work quite a bit differently. They don't use a channel architecture, but they, they use a blockchain architecture. Every rollup transaction, the data of the transaction gets stored on layer one or let's say if it's a layer to roll up block. However, layer one full nodes don't actually have to

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app