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Interview Request: Rusty of Blockstream - Lightning Protocol

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ademczuk

Based on the successful interviews with Gavin Andresen, Peter Todd and the team behind the Lightning Network by @epicenterbitcoin there is now an opportunity to capitalise on yet another prominent figure.

Rusty appears to not yet have been contacted by the LTBcoin network regarding an interview. He was has recently been hired by Blockstream to work on an implementation of a Lightning (micro-payment channel) protocol and has a talent for simplifying complex systems for the layman.

What do you think, @adam ?

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  • epicenterbitcoin

    Hi @ademczuk

    Glad you found the episodes successful :) I agree that could make for a good episode. @adam if you want to feel free to go ahead, if it interests you. Otherwise, we'd be happy to revisit the topic with Rusty in late September / October.

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  • adam

    We're

    @ademczuk Based on the successful interviews with Gavin Andresen, Peter Todd and the team behind the Lightning Network by @epicenterbitcoin there is now an opportunity to capitalise on yet another prominent figure.

    Rusty appears to not yet have been contacted by the LTBcoin network regarding an interview. He was has recently been hired by Blockstream to work on an implementation of a Lightning (micro-payment channel) protocol and has a talent for simplifying complex systems for the layman.

    What do you think, @adam ?

    I reached out, thanks for poking about it again

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  • ademczuk

    It appears this idea has been pilfered. Sorry @adam & @epicenterbitcoin

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  • adam

    @ademczuk It appears this idea has been pilfered. Sorry @adam & @epicenterbitcoin

    We actually have Rusty scheduled, Matthew Zipkin is going to be interviewing him.

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  • ademczuk

    Fantastic @adam

    Tell him to dig deep the audience is hungry to learn more than what they can get from the basic set of questions.

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  • adam

    @ademczuk Any other questions? @pinheadmz is on the board, honestly I don't know a thing about the lightning network beyond the basic pitch and means of operation

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  • ademczuk

    Thanks for taking this on board @pinheadmz

    Here are some questions to choose from:

    How his implimentation will operate when mallicious counterparties fill up transactions in a block.

    If it is possible to estimate , people may want to know the approximate cost of running a full blockstream LN node (or how much ram/space/bandwidth it may require?

    Will it be something a home computer can run or will it require a datacenter within a few years of launch?

    What is blockstreams investors getting out of this, ie. what is the business model? Will users need to pay a fee to blockstream? Will Szabo get royalties?

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  • pinheadmz

    @ademczuk Thanks for the questions. I'll be interviewing Rusty next week and it will not be a shallow discussion. I just read his extended white paper about LN and I'll make sure we get the details on user experience and technical functionality.

    I actually spoke to Thaddeus Dryja at the SF Dev's Bitcoin Meetup and asked him about the problem of full blocks. As in, what if blocks are so full that the in-progress settlement transaction doesn't make it into a block before the nLockTime refund transaction becomes valid? The entire channel would be wasted and the would-be recipient would lose all his money. I wasn't too happy with Thaddeus' response actually. He mentioned a theoretical new block rule where a miner could "flag a block as full" and that block would then NOT COUNT towards the nLockTime, effectively extending the deadline.

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  • ademczuk

    Nice and with theymos unfortunately banning most other posts we may get to the front page with little effort. So don't forget to claim your karma by posting it to /r/bitcoin when you're done.

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  • pinheadmz

    @ademczuk Nice and with theymos unfortunately banning most other posts we may get to the front page with little effort. So don't forget to claim your karma by posting it to /r/bitcoin when you're done.

    I'm more concerned with adding to the world's knowledge base about Bitcoin, and satisfying my own curiosity.

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