
← The Gwart Show | Blockspace Media14 jun · 49 min
Solving the $30 trillion Liquidity Silo Problem w/ Ethan Marcus
Ethan Marcus, CEO of Flashnet joins us to talk about how Flashnet is building a global pool of liquidity for Bitcoin. Ethan explains why the Lightning Network falls short for multi-asset scaling and how Spark's state-chain architecture enables instant, zero-fee swaps. We dive into Flashnet’s B2B integrations with neobanks and merchant platforms, the trend toward on-chain retail execution, and their upcoming expansion into liquidations and Bitcoin-denominated financial services.
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Notes:
* Bitcoin trades over $30 trillion annually.* System requires one honest operator.* Much of Cash App's revenue is Bitcoin-based.
Timestamps:
00:00 Start
00:49 Ethan's background
03:09 Spark
04:15 State chains
05:12 Spark design
07:22 State chain unlocks
09:07 Flashnet design