Advancing Bitcoin with Lightning, Inscriptions, and L2s, with Blockstream's Chief Product Officer Jeff Boortz

The Fintech Blueprint

Lex chats with Jeff Boortz, the Chief Product Officer of Blockstream. Blockstream is a company at the forefront of Bitcoin ecosystem development, and they discuss the new developments and innovations in the Bitcoin space. Boortz talks about his career background, including his time at Google, and how he transitioned to Blockstream. They also discuss the skills and differences between tech companies like Google and financial institutions when it comes to product management. Boortz explains the concept of decentralization in building software products and how it applies to Google's organizational structure. They then dive into Blockstream's core business, which includes advancing the Bitcoin protocol, building layer 2 technology like the Lightning Network, providing mining and co-location services, and developing self-custody products like wallets. They discuss the scale and usage of the Liquid Network, a sidechain implementation by Blockstream, and its potential for programmability and representing other assets. They also touch on the future of Bitcoin and the potential paths for development, particularly in the financial markets.

MENTIONED IN THE CONVERSATION

Blockstream's Website: https://bit.ly/3tzZ2Ck

Jeff's LinkedIn profile: https://bit.ly/3tzZ3pS

Topics: Bitcoin, layer-2, blockchain, ethereum, crypto, cryptocurrency, Protocol, L2

Companies: Blockstream, Bitcoin, Lightning Network, Google, Liquid Network, Blockstream Green, Ethereum, Product

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TIMESTAMPS

1’44: From web development to Google: Jeff’s journey through technology and his evolution from software developer to shaping business strategies

6’03: Integrating tech in finance vs. core technology companies: Insights on skill sets and product development

13’17: Blockstream's mission and portfolio: Rethinking trust in financial transactions with Bitcoin and layer 2 technologies

16’52: Blockstream's core business: Building protocols and tools for Bitcoin-connected networks and services

20’27: Liquid Network's scale and programmability: Exploring blinded transactions and asset representation on Blockstream's sidechain

24’09: Bitcoin's evolution since 2009: Balancing decentralization with development and the institutional investment narrative

29’20: Lightning Network's progress: Enhancing Bitcoin's scalability and adoption through Layer 2 solutions

33’37: Lightning Network adoption: Balancing user convenience and enterprise applications in Bitcoin's Layer 2

37’24: Bitcoin's evolving ecosystem: Exploring Ordinals, inscriptions, and the surging interest in programmable assets

41’18: Reimagining financial markets: Blockstream's vision for trust-minimized finance and the path to equitable systems

43’45: The channels used to connect with Jeff & learn more about Blockstream

Disclaimer here — this newsletter does not provide investment advice and represents solely the views and opinions of FINTECH BLUEPRINT LTD.

Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella

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