Danny Diekroeger is a Bitcoin software engineer at Cash App, and the operator of one of the world’s largest Lightning nodes.
In our conversation, Danny explained how Cash App thinks about building Bitcoin and Lightning features, and the challenges of operating a Bitcoin business at scale. we also discussed Spiral’s Lightning Development Kit and Danny’s strategy for becoming a top Lightning node operator.
→ Deezy Node: https://deezy.io/
→ Danny Diekroeger on Twitter: https://twitter.com/dannydiekroeger
→ ZEBEDEE: https://zeb.gg/rooke
This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.
The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to email@example.com.
→ Fountain: https://www.fountain.fm/
→ More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Lightning Address: ⚡firstname.lastname@example.org
→ Twitter: https://twitter.com/kerooke
→ Blog: https://www.kevinrooke.com/blog
00:00 - Intro
02:19 - Danny Diekroeger Intro
07:55 - Why Cash App Integrated Lightning
13:41 - Lightning Adoption at Cash App
23:28 - Lightning Network Payment Success Rate
26:22 - Cash App’s Infrastructure for Building Bitcoin Apps at Scale
43:08 - How Companies Choose Between Lightning Implementations
48:10 - The Evolution of Block’s Business Structure
1:00:57 - Danny’s Journey to Becoming a LN Node Operator
1:09:51 - Reputation on the Lightning Network
1:20:35 - Running a Profitable Lightning Node
1:24:34 - The Lightning Round