Jonas Gross Profile picture
Apr 27 7 tweets 4 min read
1/ I get often asked by people which #books they should read to get a good understanding of #crypto and #Bitcoin. While there are great books out there, the most striking book I read in the past months was about the #Lightning Network, namely “Mastering the Lightning Network”. Image
2/ Authors are @aantonop @roasbeef @renepickhardt. It is a very detailed book with more than 420 pages. This depth is necessary to truly understand how the Lightning Network works.
3/ Why is this book so great?

- It united both technical aspects as well as provides a general understanding of the Lighting Network
- It is a perfect fit for people that have a good understanding of Bitcoin and are #tech-savvy. But no worries: you don’t need to be a developer
4/
- But if you are a developer: the book is also suited well, as it also discusses all technical aspects of the Lightning Network, such as cryptographic protocols, the role of HTLCs, union routing etc.

- This book made me want to continue reading all the time
5/ It is remarkable that Satoshi Nakamoto has managed to create a digital asset that is scarce, can be transacted globally, is censorship resistant, and works completely without trust. The Lightning Network is the next step.
6/ While still being in its infancy with a current network capacity of approx. 150 million USD, it builds on the values of Bitcoin and, additionally, adds higher #privacy, higher transaction throughput, and very low fees.
7/ All based on #cryptography - no #trust in transaction partners needed.

amazon.de/Mastering-Ligh…

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More from @Jonas__Gross

Apr 29
1/ Gestern bin ich der Einladung von @f_schaeffler zum ersten #Blockchain-Roundtable im #Bundestag gefolgt. Im Rahmen des Events kamen 50 Blockchain- und #Krypto-Experten*innen sowie Vertreter*innen der #FDP, des Finanzausschusses und des Finanzministeriums zusammen. Image
2/ Ein solcher Dialog zwischen Politik und Community ist begrüßenswert, da beide Seiten erheblich voneinander lernen können. Positiv war gleich zu Beginn des Events die Ankündigung, dass die Erhöhung der Haltefrist für #Staking von 1 auf 10 Jahren nicht umgesetzt wird.
3/ Somit werden Erträge aus Staking bei Halten der Token von >1 Jahr steuerfrei (statt 10 Jahren).
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