Solving the $30 trillion Liquidity Silo Problem w/ Ethan Marcus
The Gwart Show | Blockspace Media
FlashNet addresses Bitcoin market inefficiencies by transitioning from a Lightning-based routing model to Spark, a state-chain protocol that facilitates fast, zero-fee, non-custodial Bitcoin transactions. As CEO Ethan Marcus explains, Lightning’s channel-based architecture struggles with multi-asset scalability and high-frequency trading, whereas Spark’s threshold network allows for efficient, atomic swaps. FlashNet currently operates as an execution layer, powering B2C USD swaps for wallets and neobanks by orchestrating liquidity across various chains. While institutional adoption drives a trend toward custodial Bitcoin holdings, the platform focuses on providing superior execution for non-custodial users and merchants. The long-term vision involves making Bitcoin payments invisible, utilizing stablecoins on the front end while leveraging Bitcoin’s deep liquidity on the back end to streamline cross-chain financial services without requiring users to navigate complex technical infrastructure.
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