07 Oct '17, 8am

Bitcoin Meets Netflix? Laolu Is Building a Lightning-Powered App for That

A principal developer of the Lightning Network, Olaoluwa "Laolu" Osunokun is understandably interested in tools that could be made possible by bitcoin. But while most developers have been focused on ironing out bitcoin's much-discussed protocol-level problems, Osunokun is taking a notable step in that he is actually considering launching a production application on top of the network. Despite the volatility of the scaling debate , and the uncertainty of just how many forks there will be, Osunokun is going so far as to conceive of a video app that could disrupt the traditional digital advertising model, one he believes is possible with tools available today. Key to realizing his vision has been recent updates to the bitcoin protocol. Following the activation of Segregated Witness (SegWit), which went live on bitcoin in August, the Lightning Network is now closer to launch, ...

Full article: https://www.coindesk.com/bitcoin-meets-netflix-laolu-buil...

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