The Bitcoin Lightning Network is hailed as the most practical scaling solutions to turn BTC into a true peer to peer electronic cash. Is this the only way bitcoin can scale for mass adoption? What are the benefits that the lightning network provides? What are the negative risks that he lightning network will bring? Who is behind the lightning network and why do they have ties to the Federal Reserve Bank? Why are multiple celebrities and influencers suddenly supporting it? Today we take an objective look at the good & bad parts of the Bitcoin lightning network.
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00:08 Introduction
00:48 What Is The BTC Lightning Network?
01:30 The Bitcoin Lightning Network Is Growing: Nodes & Capacity
02:22 Is The Lightning Network Becoming Centralized?
02:55 Lightning Network Nodes Are Becoming Easier To Set-Up
03:36 Risks of Running A Lightning Network Node
04;53 Many Wallets & Applications Being Built For The Lightning Network: Blue Wallet & tippin.me
06:24 Why Are Celebrities All The Sudden Supporting The Lightning Network?
06:51 Blockstream Is Behind The Lightning Network and Connected To The Fed & Banks
08:15 Conclusion
How To Set-Up A Lightning Node
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About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
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Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
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YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
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Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
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YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
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