Richard Myers Discusses Lot49: Lightning Network on Meshnets - LNJ048
Mesh Networks Lot49 Low Bandwidth Mesh Networks

Richard Myers Discusses Lot49: Lightning Network on Meshnets - LNJ048

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Transcript: https://sicksub.network/LNJ048Transcript

In this episode we have Richard Myers talking about his work on the Lot49 protocol. This protocol is basically a stripped down version of the Lightning Network made for low bandwidth mesh networks. Previously Richard was working at GoTenna, where he launched Global Mesh Labs to do this open source work on Lot49. Richard no longer works at GoTenna.

We talk about:

  • 1:12 - Background of the Episode
  • 3:08 - Getting into Bitcoin/GoTenna
  • 7:46 - What is the GoTenna?
  • 10:50 - Lightning Network as an Analogy for Meshnets
  • 12:08 - Global Mesh Labs
  • 14:30 - Incentive System for Meshnets
  • 20:26 - What is Lot49?
  • 22:35 - Is Lot49 ready?
  • 26:25 - Does Lot49 scale?
  • 29:48 - Mesh Network Routing Nodes?
  • 32:05 - Future of Lot49/Meshnets
  • 34:26 - Would Eltoo make Lot49 better or more usable?
  • 36:43 - Multiparty channels aka Channel Factories
  • 42:51 - Mesh networks/Lot49 as a Hard Sell
  • 45:34 - Meshnets for Adversarial Environments
  • 49:00 - How can people contribute to Lot49?
  • 55:18 - Transaction Types for Eltoo
  • 1:01:34 - Future of Meshnets
  • 1:03:30 - Disintermediate the State? Decentralize all the things?
  • 1:04:05 - Future of Bitcoin Lightning Network

Richard Myers’ Twitter: https://twitter.com/remyers_

Richard Myers’ Website: http://yakshaver.org/
Global Mesh Labs’ Website: https://globalmeshlabs.org/
Post about Eltoo: http://yakshaver.org/2021/07/26/first.html

GoTenna’s Twitter: https://twitter.com/goTenna
GoTenna’s Website: https://gotenna.com/

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