Sri Aravinda Krishnan Thyagarajan: Building a Lightning Network on Monero

TODAY'S 🎙SHOW: Douglas Tuman interviews Sri Aravinda Krishnan, an applied cryptography post doc at CMU who has co/authored various papers that are laying the groundwork for developing a second layer on Monero, aka payment channels, akin to the lighting network on bitcoin. Doug and Aravinda discuss what an LN-like network on monero would look like, what developments are required on the Monero side to make payment channels possible, and much more! If you enjoyed the show & would like to support us, a donation of any size would be greatly appreciated and would mean so much! XMR Donations Accepted (type in MoneroTalk.crypto in your CakeWallet send address field): 49GdSCVTTE4TaDknDFn95QGc3mn3g7JZiPKX6QM7ZpuE5cscRFuGNhnjATKnjDHY7tNUQMM63n24uPYbj1AXFBk5KUPnDrL OR you can also help support the channel by purchasing a bag of delicious Guatemalan Coffee! Check out https://gratuitas.org/ to buy a bag & if you enjoy what you taste, send a Monero tip directly to the farmers that grew, harvested, prepared, and roasted your beans! ⏱Timestamps: 0:00 - Intro | Meeting at Monero Conference | Aravinda's Education 5:06 - Monero influence on Aravinda's Thesis | OmniRing 11:00 - Explaining Bi-Directional Payment Channels 19:35 - Issues Implementing into Monero 25:35 - Motivation for writing thesis on this subject 29:20 - KeyOffset | What is holding XMR back from a layer 2 solution 30:30 - Monero and Scalability 32:33 - Aravind's thoughts on XMR base technology 34:02 - Zcash | Atomic Swaps 37:40 - What would Aravind like to see in Monero 40:50 - How can the community contribute to Monero growth 47:00 - Atomic Swaps 49:12 - What's next for Aravind 52:00 - Last words on potential XMR layer 2 🔗Links: Twitter: https://twitter.com/aravind2112 BUY YOUR Monerotopia Curated/Uncensored TICKETS TODAY: monerotopia.com 🚨SPONSOR: Cake Wallet, the first open-source Monero (& now Bitcoin!) wallet for iOS. If you have an iphone or Android 📲, Monero Talk recommends that you use Cake ;) It has been verified by the Monero community, you control your own keys, it connects directly to the Monero blockchain, and you can even exchange between XMR, BTC, LTC & more in the app! Website: https://cakewallet.io/ iOS Download: https://apps.apple.com/us/app/cake-wallet-for-xmr-monero/id1334702542 Android Download: https://play.google.com/store/apps/details?id=com.cakewallet.cake_wallet&hl=en_US 🚨SPONSOR: Sweetwater Digital Asset Consulting: Connecting new money with old money since 2018. Website: https://sweetwater.consulting Don't forget to SUBSCRIBE! The more subscribers, the more we can help Monero grow! 🚀 Listen & Reach out to us: 🎧PODCAST: ITUNES: https://apple.co/34W7FVp SPOTIFY: https://spoti.fi/2t1y9b4 STITCHER: https://bit.ly/2tUcIck WEBSITE: https://www.monerotalk.live 📧CONTACT: [email protected] ODYSEE: https://odysee.com/@MoneroTalk:8 Get 🤓😎Social with us: TWITTER: https://twitter.com/monerotalk FACEBOOK: https://www.facebook.com/MoneroTalk/ HOST: https://twitter.com/douglastuman INSTAGRAM: https://www.instagram.com/monerotalk/