Blockchain Insider Podcast by 11:FS cover image

160. News: Big week for stablecoins - Terra’s UST flips BUSD and Circle's new raise

Blockchain Insider Podcast by 11:FS

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Lightning Network

lightning network is a response to the criticism that bit coin isn't a very good payment method saturally incredibly slow and incredibly expensive. Lightning was a layr to, or is a lair to project that is designed to make bickcoin faster and easier to use. But also, as of the last couple of weeks, lightning network also supports stable coins. So i can old something that looks and feels like a dollar, and i can spend it at a merchant. It's great to have a new technology, but ask anybody who's tried to build a payment system, it's very hard to do if nobody accepts it.

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