The Bitcoin Mutiny with Tony Giorgio - WBD695

Tony Giorgio is the co-founder and CEO of Mutiny Wallet, a
self-custodial lightning wallet. In this interview, we discuss
the privacy implications of using Lightning Network, challenges
faced by Mutiny, the concept of coin swaps, the web-based nature
of Mutiny, the Lightning Service Provider (LSP) model, and the
potential future developments of Mutiny.


- - - -


Just over three weeks ago Mutiny launched what it refers to as
the “first self-custodial lightning wallet that runs on the web.”
Being web-based means that Mutiny can innovate without the
restrictions that can and are placed on wallets distributed via
app stores. In this fascinating podcast, Mutiny’s co-founder and
CEO Tony Giorgio sets out the background, challenges and future
for Mutiny.


Mutiny started as a hackathon project that the founders developed
whilst working at Voltage, the Bitcoin-focused infrastructure
provider. Voltage supported the founders by allowing them to
develop Mutiny whilst also building the lightning service
provider for Voltage, which now also powers Mutiny!


Tony discusses the challenges faced with interoperability on
lightning nodes, having intuitive payment functionality for
non-technical users, and the difficulties of enabling automatic
software updates. Tony also explains the concept of coin swaps,
how Mutiny utilizes lightning as a contract layer for these
transactions, and how this approach eliminates the need for a
middleman and allows users to control their funds in new ways.


Tony finally covers the advanced features of Mutiny wallet:
integrating cold storage, social tipping, facilitating wallet
connections, and other innovative features such as enabling
people to manage subscriptions on top of Lightning. Then there
are Mutiny’s future plans like integrating e-cash and allowing
users to easily transition from a custodial to a non-custodial
lightning transaction. It’s an exciting project, to say the
least.


 


Show notes:
https://www.whatbitcoindid.com/podcast/the-bitcoin-mutiny


This episode’s sponsors:
Iris Energy - Bitcoin Mining. Done Sustainably
Ledn - Financial services for Bitcoin hodlers
Bitcasino - The Future of Gaming is here
Ledger - State of the art Bitcoin hardware wallet
Wasabi Wallet - Privacy by default
Unchained - Secure your bitcoin with confidence