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The Lightning Network

Way back in January 2016, when the ICO acronym uniquely stood for the Information Commissioner’s Office, Joseph Poon & Thaddeus Dryja published a paper that proposed a second-layer scaling solution for Bitcoin that would simply utilise Bitcoin’s existing restrictive, yet robust, scripting language. During the…

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Way back in January 2016, when the ICO acronym uniquely stood for the Information Commissioner’s Office, Joseph Poon & Thaddeus Dryja published a paper that proposed a second-layer scaling solution for Bitcoin that would simply utilise Bitcoin’s existing restrictive, yet robust, scripting language.
During the next 2-3 years, when billions of dollars were being both raised and erased in relatively equal measures, a bunch of people quietly got on with building The Lightning Network – with total funding to do so measured in the low millions.
Now live, this highly anticipated project, whilst not without many issues still TBD’d, is now live and (mostly) well.
So, with much pleasure, Coinscrum welcomes some of these early innovators to our stage to provide a heads-up regarding how it works now, what challenges remain and what their experiences have been so far.
We’ll be welcoming Igor Korsakov, CTO at (Lightning-enabled) Blue Wallet and Pavel Prikhodko (via video), head of Lightning Peach, Bitfury’s team of lightning network developers and Patrick McCorry, Assistant Professor at King’s College London to share their insights.
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Doors open at 6pm
Presentations begin at 6:30pm
Followed by networking
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Big love to Coinscrum {Presents} sponsors, KR1
KR1 is a leading publicly listed investment company focused on blockchain and decentralised technologies. KR1 invests in early stage projects and blockchain-based digital assets that power the decentralised platforms and protocols that form the emerging Web3 infrastructure.
More info at www.kr1.io
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With thanks to our group sponsors, eToro
eToro is a global investment platform which offers stocks, indices, ETFs, currencies and cryptocurrencies to over 9 million clients.
As one of the largest cryptocurrency platforms in the world, eToro allows clients to invest in three seperate ways. Firstly you can manually buy Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Stellar, NEO and Dash. Secondly, for those with a lack of experience or time, clients can automatically copy the trades of eToro’s most successful experts. Lastly, for those who want to invest in a selection of cryptos, this is made possible with eToro’s Crypto CopyFund which contains cryptos based on market capitalisation.
More info at www.eToro.com
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That boring legal stuff
Please note: We welcome all of our innovative founders to share their ideas at Coinscrum and also love our sponsors to bits.
However, their presentations or services provided do not infer any kind of endorsement by Coinscrum, its organisers or Scrumline Ltd of any possible investment opportunity via their products and services or in any related ICO (Initial Coin Offering).
Crypto-tokens are a high risk investment and you should always carry out your own thorough research and due diligence before deciding whether or not to invest yourself.
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Follow us @coinscrum
Paul Gordon
Paul Gordon
Following a 20+ year career in financial markets, Paul first became interested in Bitcoin in 2011 and helped to establish one of the world's first Bitcoin meetup groups, Coinscrum, in 2012 since when he has grown the community to over 6,500 members, hosting over 250 events and introducing many of the leading projects and thought leaders in the industry.  Paul currently produces the weekly Coinscrum Markets video podcast series and is an active investor and advisor to a number of crypto and blockchain related projects.

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