gm. The self-custody product we're working on @blocks is one of the most exciting things I've worked on at any company, and with self-custody becoming a hot topic recently it definitely deserves a 🧵
I’m excited to announce that in the next couple weeks I’ll be leaving the wallet team and starting a team dedicated to building lightning infrastructure under @brockm‘s TBD business unit at Block
The lightning network graph is a map of 20,000 people constructing voluntary smart contracts between likeminded peers to bring financial freedom to the world
Huge shout out to the c= team, I wish I could be there celebrating with you.
10% ROI on Block's bitcoin and building the first Square lightning integration are huge accomplishments and hard won. Both unprecedented, I am so proud of all of you.
Lightning is an amazing innovation built on top of bitcoin. I could go on and on about the technical details but what really matters is this: Lightning enables cheap, quick, *global* payments.
Read the nitty gritty at squareselfcustody.substack.com and be on the lookout for more as we continue developing this product in the open and with as much community involvement as possible.
We're combining the security of cold storage, the peace of mind of shared custody, and the convenience of a custodial app all into one easy to use solution that puts you in control of your own keys (and by extension your financial security)
Building infrastructure and tools to get the world onto Lightning (especially non-custodially) is important. It’s an investment in the future of payments for the world.