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Podcast the Lightning way!

By TheSlopsMcFlops | TheSlopsMcFlops | 18 Jul 2024


**Disclaimer**
I am not a financial advisor and make sure to do your own research outside of this article!  IF you enjoy this article and would like to support me then please sign up using any of my referral links.

What is Fountain?
The simplistic answer is a podcasting app, which pays you in bitcoin through the lightning network to listen. You may also support the podcast directly with bitcoin lightning network.

Fountain was founded in June of 2021 by Oscar Merry and Nicholas Malster.  They are headquartered in London, United Kingdom.  Users of the app earn for listening to podcasts, engaging in promoted content, and creating content using the lightning network. The podcast creators can boost their content across the platform and even reward listeners for making clips of said podcast.  Their tech is built on a second layer solution, which is built on Bitcoin.

What is the lightning network (LN)?
In 2016, Thaddeus Dryja and Joesph Poon presented a solution to making transactions fast and cheap without changing the block size.  This idea became the Lightning Network.  This network addresses the processing and scaling issues that the normal Bitcoin Blockchain has by creating a smart contracts to create a sidechain between users.

Why you should use Fountain?
Fountain is a great way to support your favorite podcasts while supporting the lightning network and bitcoin as a whole.  You can earn sats while also being able to give those sats back to your favorite podcast.  You can create clips from your favorite podcasts, which the podcaster can thank you for by sending you sats for it.  It’s a great ecosystem.

 

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Sources:

  1. https://www.fountain.fm/
  2. https://www.coindesk.com/tech/2022/09/21/bitcoin-lightning-enabled-listen-to-earn-podcast-app-gets-an-upgrade/
  3. https://pitchbook.com/profiles/company/503108-47
  4. https://www.coindesk.com/learn/what-is-bitcoins-lightning-network/
  5. https://www.investopedia.com/terms/l/lightning-network.asp#:~:text=The%20Lightning%20Network%20is%20a,by%20introducing%20off%2Dchain%20transactions
  6. https://lightning.network/
  7. https://www.bitcoin.com/get-started/what-is-lightning-network/
  8. https://www.coinbase.com/learn/your-crypto/what-is-lightning

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TheSlopsMcFlops
TheSlopsMcFlops

Been in the crypto space for 9+ years. Started my journey in middle school and I am currently a senior in college.


TheSlopsMcFlops
TheSlopsMcFlops

Hello All! My name is Nick! I am a SFASU Graduate in General Agriculture with an emphasis in poultry science. I have been in crypto since 2013! I wanted to create this blog and talk about my experiences, news I've heard, projects I am interested or learned about, some ranting about problems or bad projects. If you wanna suggest anything I will always love to speak my mind on anything you are curious about. Please drop a follow, like and tip if you are interested and want to support me!

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