#1052 Chase Perkins On Building On Bitcoin’s Layer 3
7/18/2022 · 32 min · transcript via mlx
Tags
Key topics
— Impervious.ai is building a peer-to-peer browser on top of Bitcoin's Lightning Network that eliminates the need for centralized intermediaries like Zoom, WhatsApp, and Google for communications, data transfer, and payments.
— Layer 3 is a programmatic layer that allows developers to incorporate peer-to-peer capabilities into applications using the Lightning Network as a data, messaging, and command-control layer, not just for payments.
— The browser enables encrypted end-to-end video calls, messaging, collaborative documents, and file sharing without any third-party hosting, facilitating, or surveillance—users maintain full control over identity and data routing.
— Incumbent tech companies (Zoom, Google, Meta) have no incentive to build this because their business models depend on data harvesting, advertising, and user lock-in through proprietary walled gardens.
— Streaming micropayments via Bitcoin Lightning allow creators and service providers to earn satoshis in real time during video calls, messaging, or content consumption without payment processors.
— Success is measured by user adoption and normalizing the peer-to-peer internet standard; the team is releasing a free, open-source, production-ready browser this summer with no central point of failure or exploitation.
Market & price signals
— None discussed.
Actionable insights
— Consider the non-financial applications of blockchain and decentralized technology as equally important to DeFi and payments; privacy, censorship resistance, and digital sovereignty are foundational to a free society and long-term adoption.
— Watch for the summer release of Impervious's open-source browser as a potential inflection point for mainstream peer-to-peer internet adoption; early access signup at impervious.ai can give you first-mover advantage.
— If you work in tech or security and want to align your career with decentralization, Impervious is actively hiring across frontend, backend, design, product, and security—over 1,000 applicants for open roles indicate strong industry interest.
Episode sponsorships
Paid placements mentioned in this episode. BTC Pods is not sponsored by or affiliated with these advertisers. Links are included so you can find offers mentioned on the show.
— BCB Group provides institutional payment services, business banking, cryptocurrency, and FX market liquidity for major crypto-engaged financial institutions. Their Blink Network is Europe's first instant settlement network for real-time fiat and digital currency transactions. Visit bcbgroup.com/pomp to learn more.
— Exodus is an absolute game changer in the crypto wallet space, supporting over 100 cryptocurrency assets with seamless iOS, Android, and desktop integration. Exodus has deployed over 200 product updates since 2015 with focus on user-first design and 24/7 customer support from real humans. Sign up for Exodus today using promo code exodus.io/pomp for an exclusive listener discount.
— Eight Sleep's Pod Pro Cover is the most advanced thermoregulation solution on the market, pairing dynamic cooling and heating with biometric tracking to improve sleep depth and duration. Visit eightsleep.com/pomp to check out the Pod Pro Cover and save $150 at checkout. Eight Sleep currently ships within the USA, Canada, and the UK.