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Tuesday, 9 November 2021

Bitcoin Layer 3 Can Do It All

Soon Bitcoin miners may be using the lightning network for communicating hash instead of the regular internet. Lightning is opening up the unlimited potentials we first saw at the start of the decentralised cambrian crypto moment. 

It's become clear that The lightning Network is the second truly decentralised DAO (bitcoin being the first). and that on this, we are seeing a wild new ecosystem immerge. Layer three apps.  Redphone, peer to peer phone calls, Impervious, VPN,s lightning powered Lapps, Stakwork, Next Cloud, PhotoPrim, The Umbrel app store,  to name just a few. There is culture too, check out Plebnet and Sphinxchat. Hell, we could clone Etherium again on this thing and it would be more decentralised. It's good to see things happening the right way on layer 2. The possibilities on bitcoin layer three powered by lightning are wide open.