Why Everyone’s Wrong About the Lightning Network with Graham Krizek
Release Date: 03/30/2025
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info_outlineIn this episode, I chat with Graham Krizek, the founder and CEO of Voltage Cloud. We break down the Lightning Network’s speed, scalability, capital efficiency, and the groundbreaking Fidelity Digital Assets report created in collaboration with Voltage.
––– Offers & Discounts –––
Get 10% off your ticket for the Bitcoin Conference 2025 in Vegas! Use the promo code MATRIX at https://tickets.b.tc/affiliate/matrix/event/bitcoin-2025
Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric
Get up to $100 in Bitcoin on River at river.com/Matrix
The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.
Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/
––– Get To Know Today's Guest–––
• Graham Krizek on X: https://x.com/gkrizek
• Voltage Cloud on X: https://x.com/voltage_cloud
• Voltage Cloud on Nostr: npub15klkdfx9sh3y096a5jf895rcvkmkzvly2fm9dgxq6huqhp9576jsav4m73
––– Socials –––
• Check out our new website at https://TheBitcoinMatrix.Com
• Follow Cedric Youngelman on X: https://x.com/cedyoungelman
• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix
• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs
––– Chapters –––
00:00 - Intro
01:00 - Introduction to Graham Krizek & Voltage
01:51 - What is the Lightning Network?
04:15 - How Voltage Powers the Lightning Ecosystem
05:45 - Graham’s Background
07:56 - The Fidelity & Voltage Lightning Report
10:06 - How Lightning Channels & Hops Work
12:54 - Routing Payments and Non-Custodial Yield
14:58 - Channel Structures & Capital Efficiency Trends
16:30 - Public vs. Private Channels & Total Network Capacity
18:25 - Transaction Value vs. Transacted Capital
20:38 - Adoption Trends in Lightning
21:32 - Payment Speed, Hops & Network Efficiency
23:31 - Lightning vs. Blockchain Scalability
24:43 - Success Rates on the Lightning Network
26:03 - State of the Lightning Ecosystem
27:33 - New Verticals: Nostr, Podcasting 2.0 & AI Agents
30:22 - The Convergence of Stablecoins & Lightning
32:49 - Lightning’s Resilience & Long-Term Vision
35:01 - What Will Drive Lightning’s Mass Adoption?
36:33 - Advice for Bitcoin-Focused Small Businesses
37:56 - Is Lightning Delivering on Its Promise?
38:08 - B2B Integrations & Lightning as an Infrastructure Layer
39:00 - Why Lightning Doesn’t Get the Spotlight (Yet)
40:35 - What Graham is Most Excited About in 2025
42:00 - Final Thoughts & Where to Find Voltage
I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.
Thank you for listening!