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Introduction
Ryan Gentry from Lightning Labs discusses the Taproot asset protocol and how it allows for the tokenization of dollars or stablecoins on the Bitcoin Lightning network. The conversation also explores the risks and opportunities associated with this technology.
Preston Pysh is joined by Lightning Lab’s very own Ryan Gentry to talk about some of the new and exciting software technology that’s going to change the way people interact with the Bitcoin Lightning Network.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:54 - What is the Taproot Asset Protocol (TAP)?
12:05 - How can the TAP be used with Bitcoin?
15:41 - What impact will sending Dollars over the Bitcoin Network have for people needing fiat stable coins?
15:41 - What does the competition look like for fees and settlement speeds on this network relative to other protocols?
25:06 - What does it take to run this software on a Bitcoin full node?
30:20 - What are Ryan's thoughts about altcoins potentially being used on Bitcoin?
35:42 - What are Ryan's thoughts on securities being tokenized on the TAP?
52:56 - How could stock certificates be managed on TAP?
52:56 - What are some of his concerns and highlights with the TAP use?
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