Lightning and Bitcoin: A Comparison

Maxim Orlovsky is the founder of the LNP/BP Standards Association and the creator of the RGB smart contracts protocol.

In our conversation, we explored the importance of standards for Bitcoin and Lightning, the details of how RGB works and why it’s important, and Maxim’s work on LNP Node and reNostr.

→ RGB Protocol: https://rgb.tech/

Sponsors

→ Voltage: https://stacksats.how/voltage

→ Stakwork: https://stacksats.how/stakwork

This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.

The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.

→ Fountain: https://www.fountain.fm/

→ More Episodes: https://www.stacksats.how/podcast

→ Lightning Address: ⚡kerooke@fountain.fm

→ Nostr NIP-05: kr@stacker.news

Links

→ Stack Sats: https://www.stacksats.how/

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

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

→ Bitcoin News: https://stacker.news/r/kr

Timestamps

00:00 - Intro

02:42 - Maxim Orlovsky Intro

12:40 - Why Are Standards Important?

17:20 - What Are The Disadvantages of Internet Standards?

19:32 - Standards on Bitcoin & Lightning

27:29 - How LNP Node Works

30:40 - What is RGB?

33:33 - Why Build Smart Contracts on Bitcoin?

50:04 - What Will People Use RGB For?

55:37 - RGB Development & Timeline

1:07:00 - Maxim’s Views on Nostr

1:14:33 - What is ReNostr?

1:20:57 - The Pieces of the Self-Sovereign Tech Stack