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Perfect timing and place for a Lightning Network Conference. In less than a week, Bitcoin will be legal tender in El Salvador. The Lightning Network was instrumental for this to happen. The real-life case study for the Lightning Network is El Zonte AKA Bitcoin Beach. And in Mid-November, all of those factors will collide in an event aptly titled \u201cAdopting Bitcoin.\u201d<\/span><\/p>\n

Related Reading | How Big Is Bitcoin\u2019s Lightning Network? The Answer Will Surprise You<\/a><\/strong><\/em><\/p>\n

This Lightning Network conference comes with a call-to-action as its unofficial slogan, \u201c<\/span>Unite, focus, collab!<\/span><\/i>\u201d And, by the looks of <\/span>Adopting Bitcoin\u2019s official Twitter<\/span><\/a>, the tribe responded to the call and will attend en masse.\u00a0<\/span><\/p>\n

What Characteristics Does This Lightning Network Conference Have?<\/span><\/h2>\n

According to<\/span> \u201cAdopting Bitcoin\u2018s\u201d website<\/span><\/a>, their purpose:<\/span><\/p>\n

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\u201c\u2026 is bringing together the Bitcoin and Lightning community in San Salvador and El Zonte to create connections and foster the future of money and payments in the Central American republic.\u201d<\/span><\/p>\n<\/blockquote>\n

The Lightning Network Conference has the following characteristics:<\/span><\/p>\n

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• The team behind the Bitcoin Beach Wallet, Galoy, produced the conference.\u00a0<\/span><\/li>\n
• \u201cAdopting Bitcoin\u201d is a not-for-profit event.<\/span><\/li>\n
• The organizers will donate 100% to support Lightning Network development.<\/span><\/li>\n
• The Lightning Network conference will be both in English and in Spanish.\u00a0<\/span><\/li>\n
• \u201cAdopting Bitcoin\u201d will be live-streamed.<\/span><\/li>\n
• They\u2019ll dedicate Tuesday and Wednesday to hard-core conferencing.<\/span><\/li>\n
• Thursday they\u2019ll finish the peregrination by visiting the place that started it all, El Zonte. \u201c<\/span>We will have an organized Bitcoin Bazaar 10a-4p\u2026. with kiosks, stands and food stalls anchored at \/ near Hope House,<\/span><\/i>\u201d said Galoy\u2019s Co-Founder.<\/span><\/li>\n<\/ul>\n

  \n

  Tuesday and Wednesday are full conference days in San Salvador. <\/p>\n

  Thursday is more casual in El Zonte. We will have an organized Bitcoin Bazaar 10a-4p\u2026. with kiosks, stands and food stalls anchored at \/ near Hope House. <\/p>\n

  R\/T bus transport SS <> EZ will be provided.<\/p>\n

  \u2014 Hunter \ud83c\udf0b\u26a1\ufe0f\ud83c\uddf8\ud83c\uddfb (@btcnyc) August 30, 2021<\/a><\/p>\n<\/blockquote>\n

  \n
  • The Lightning Network conference is for \u201c<\/span>early adopters only.<\/span><\/i>\u201d Tickets can only be purchased with bitcoin over the Lightning Network.<\/span><\/li>\n
  • \u201cAdopting Bitcoin\u201d is for \u201c<\/span>developers, businesses and general enthusiasts to network and form in-person connections.<\/span><\/i>\u201d\u00a0<\/span><\/li>\n<\/ul>\n

    \n

    Adopting Bitcoin: Lightning Summit in El Salvador. Dates: 16 \u2013 18 November 2021. Tickets can only be paid on the #Bitcoin<\/a> #LightningNetwork<\/a>. All proceeds of the conference will be donated to the development of the Lightning Network. https:\/\/t.co\/vZzQb6MOy9<\/a> pic.twitter.com\/ivizhyD960<\/a><\/p>\n

    \u2014 Bitcoin LightningNetwork+ News \u26a1\ufe0f (@BTC_LN) August 30, 2021<\/a><\/p>\n<\/blockquote>\n

    \u201cAdopting Bitcoin\u2019s\u201d Line Up<\/span><\/h2>\n

    Tuesday and Wednesday, the party is in San Salvador\u2019s Sheraton Presidente. Both days contain \u201cLightning 101\u201d workshops. Among the star lecturers are:\u00a0<\/span><\/p>\n

    Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation; podcaster extraordinaire Stephan Livera; Bitnob\u2019s Bernard Parah, from Nigeria, one of the protagonists of <\/span>this historic transaction<\/span><\/a>; \u201cBitcoin En Espa\u00f1ol\u2019s\u201d host Camila Campton; M\u00f3nica Taher, Tech & Econ Intl Affairs: Gov of El Salvador; Bitcoin Beach\u2019s Mike Peterson, and Paxful\u2019s Ray Youssef.<\/span><\/p>\n

    Full line-up in t<\/span>he Lightning Network Conference \u2018s website<\/span><\/a>.<\/span><\/p>\n

    On Thursday 18, the party moves to El Zonte and ends with a literal Taproot Activation Party in El Tunco. For a video tour of both towns, check <\/span>this mini-documentary out<\/span><\/a>.<\/span><\/p>\n

    <\/p>\n

    BTC price chart for 08\/31\/2021 on Cexio | Source: BTC\/USD on TradingView.com<\/a><\/pre>\n
    About Galoy, Organizers Of The Lightning Network Conference<\/span><\/h2>\n
    According to <\/span>their official website<\/span><\/a>, \u201c<\/span>Galoy offers easy to use Bitcoin \u2018Banking-as-a-Service\u2019 (BaaS) products.<\/span><\/i>\u201d They are responsible for the self-referential official wallet for the Bitcoin Beach project. \u201c<\/span>In October 2020, we launched our branded \u201cBitcoin Beach\u201d Lightning Wallet in El Zonte.<\/span><\/i>\u201d Galoy describes itself as:<\/span><\/p>\n
    \n
    \u201c\u2026 a B2B company, serving organizations that embrace Bitcoin as money. We build on the Bitcoin Protocol and the Layer 2 Lightning Network, utilizing the tools created by the team at Lightning Labs.\u201d<\/span><\/p>\n<\/blockquote>\n
    Related Reading | Are The Lightning Network\u2019s Almost-Free Transactions The Killer App BTC Needed?<\/a><\/strong><\/em><\/p>\n
    And now, they\u2019re contributing to the Bitcoin ecosystem with this not-for-profit Lightning Network Conference in El Salvador. One that requires that you actually use the novel network to purchase the coveted ticket. And donates all proceeds to Lightning development.\u00a0<\/span><\/p>\n
    Nice.<\/span><\/p>\n
    Featured Image: Adopting Bitcoin<\/a>'s logo | Charts by TradingView<\/a><\/pre>\n<\/div>\n