Jack Mallers: Lightning, Strike, and the Bitcoin Network

Published on
March 19th, 2021
47 minutes

Jack Mallers: Lightning, Strike, and the Bitcoin Network

The Interview - Crypto ·
Featuring Jack Mallers and Ash Bennington

Published on: March 19th, 2021 • Duration: 47 minutes

Jack Mallers, founder of Zap, joins Ash Bennington, Real Vision senior editor, to discuss his work on Zap and Strike as well as the importance of the Lightning Network. Mallers describes Strike as a bridge between banking infrastructure to Bitcoin’s infrastructure via a low friction app.

Zap is the very first open source Lightning Network wallet—this was his first development project on Bitcoin. Working on this project led him to identify frictions that exist for onboarding people to using Bitcoin. Lightning Network enables Strike to provide near instant payments at zero cost. Filmed on March 16, 2021.

Key Learnings: Strike is an app built using the Lightning Network, which enables micropayments for Bitcoin users. The Lightning Network is a layer 2 scaling solution for the Bitcoin network. Open Source protocols enable technology to stack on top of others developments, and this is how Strike was able to scale via the open source Lightning Network.