Thread by @marcrjandrew

1 | So you've heard of the #LightningNetwork... now you want to see real applications of it in practice.

Fair enough. Here are 14 examples of amazing products being built on Lightning right now.

Read on to see why #Bitcoin’s Layer 2 is the next big thing in finance & tech:

2 | First, a quick thanks!

Much of this info comes from the folks at @lightning and their packed December newsletter, as well as lots of time on Twitter (essentials: @therealkingonly, @RyanTheGentry and @starkness, @MaxAWebster, and @kerooke).

And so many terrific podcasts.

3 | The single best thing I've read on the #LightningNetwork is @MaxAWebster's post:
Why Lightning, Why Now.

If you're curious at all about Bitcoin or Lightning, go read it right now.

Or visit his Twitter for the thread.

Now on to the examples!

hivemind.vc/why-lightning-…

4 | There’s probably no company driving faster Bitcoin and Lightning adoption than @getumbrel.

Not only does their server make it easy to run your own node. They’ve also built an app store!

Check out the next internet:

Huge 🙌🙌 to @mayankdotch & co

getumbrel.com

5 | @sphinx_chat is building encrypted messaging, powered by Lightning.

And chat is just the start!

It will also permit $ transfer, content streaming & re-invent e-com.

A new digital value layer.

Listen to this incredible convo w/ @MartyBent:

anchor.fm/tales-from-the…

6 | Podcasts are a massive industry being re-invented by Lightning.

Through the @fountain_app, BTC payments can be streamed to the podcaster in real-time.

Instant, frictionless payment for content is here. Learn more from @kerooke:

podcasts.google.com/feed/aHR0cHM6L…

7 | The internet’s news engine is broken by its payment models. Enter @earncarrot and @stacker_news.

While still in infancy, it's only a matter of time before major news outlets begin accepting payment per page view or dwell time.

Or entirely new major news oulets emerge.

8 | Speaking of payments powered by the #LightningNetwork: @Coincorner and @CoinCornerDanny are doing incredible work bringing contactless payments to merchants.

Here it is in action!

https://twitter.com/CoinCornerDanny/status/1467215640935215104?s=20

9 | It’s only a matter of time before you have a browser extension that easily connects to the #LightningNetwork and provides a secure wallet to pay for digital services, while also securing your digital identity.

Oh wait, already here! @getAlby 🙌

getalby.com

10 | To make sure the @LightningNetwork operates smoothly amid all this growth, it’s going to need firms committed to providing liquidity.

The infrastructure of global digital finance is no small opportunity.

Enter @LQwDFinTech and @shoneanstey 🙌

ca.proactiveinvestors.com/companies/news…

11a | The major Bitcoin story in 2021 was El Salvador’s adoption of the currency as legal tender.

In just months, tech was built that allowed major vendors (and small businesses) to accept payment through #Lightning:

@arcbtc

https://twitter.com/arcbtc/status/1460294764335665155?s=20

11b | But neither McDonald’s and Pizza Hut using Lightning in El Salvador, nor @ln_strike's important work, would be possible without @nicolasburtey & @GaloyMoney's work on Bitcoin Beach for years.

Read their lessons on how to build community:

galoy.io/bitcoin-bankin…

12 | The other huge Lightning application @jackmallers delivered in 2021: Twitter's Tips.

200 million users brought aboard the network, all powered by Bitcoin:

theverge.com/2021/9/23/2268…

13 | Bitcoin’s development isn’t going to stop at Layer 2.

Imagine an internet of real digital property rights, seamless native payments, and no need to constantly be registering with something new.

@ImperviousAi is building this Layer 3, on a Lightning foundation.

14 | And all this is just a fraction!

There are so many examples of the #LightningNetwork's development like this one (from a place that knows a thing or two about banking)

@BitcoinSuisseAG

https://twitter.com/BitcoinSuisseAG/status/1458397347365392394?s=20

15 | If you’ve made it this far, you’re a Lightning groupie.

Know of any other examples of great applications being built? Please send them my way!

And hit follow for updates on the #LightningEconomy being built around us.

It’s a new money, for a new internet.