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Andreas Antonopoulos Reveals Juicy Details About 'Mastering Lightning Network' Book

  • Alex Dovbnya
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    Andreas Antonopoulos will start working on an open-sourced book called “Mastering Lightning Network” in September

Andreas Antonopoulos Reveals Juicy Details About 'Mastering Lightning Network' Book
Cover image via www.facebook.com
Contents

As reported by U.Today, Andreas Antonopoulos was allegedly working on a new book about the Lightning Network. The Bitcoin evangelist has recently made an announcement about this new endeavor while revealing a lot of pertinent details.

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A collaborative effort

‘Mastering Lightning Network’ will be written together with René Pickhardt and Olaoluwa Osuntokun, but they welcome all volunteers to contribute to the project. The trio is expected to finish the book by the last quarter of 2020.   

Antonopoulos promises to begin with baby steps so that the average Joe to grasp the basics of the LN.   

Everyone who picks up this book will be new to Lightning. [...] This is a book for anyone who wants to understand Lightning from the beginning.”

The authors will also focus on the process of building applications atop of Lightning to see the power of the technology.  

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An open-source project

Pickhardt claims that the main impetus for working on “Mastering Lightning Network” was a lack of educational literature about the “Layer 2” scaling solution.   

Antonopoulos claims that the book will be written on a public Github repository, which means that everyone can read it for free without paying for a hard copy.

Given that the book will be available on a share-alike license one year after publishing, others will be able to distribute derivative works.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
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    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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