Rusty Russel: Free Software, The Lightning Network, & Micropayments - Bitcoin with Jake #74


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Apr 17 2023 50 mins   5

"... If something's really, really critical then you need to give someone all the pieces." - Rusty

BWJ 074: Rusty has been paid to write free software for over 25yrs and was the first to implement a client for the Lightning Network. He currently works at Core Lightning & Blockstream.

In this episode you will learn about:

  • 1:48 Free software developer lens
  • 2:57 An earlier solution to Bitcoin scalability
  • 5:37 Difference between free & open-source
  • 14:19 Crypto noise & Bitcoin’s value
  • 22:01 Building layer 2 for “a huge under served market”
  • 29:57 Differences to credit cards
  • 31:47 How does he make money?
  • 36:38 Developing the Lightning Network
  • 39:40 Most heavily vetted software in history?
  • 42:39 Fan question

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Jake