Replying to Avatar Technomancer

Yes, a fedimint would be layer 3.

On boarding to a fedimint would be from lightning(layer 2) and fediment to fedimint would also be layer 2.

Gaming company's could easily adopt a fedimint for their "gaming cash".

Casinos could adopt it as well.

Even more exciting however, this could banking to the bankless internationally as you could have an offline fedimint operating.

This could also be a viable alternative to banks.

Taproot assets could easily support stable coins, cbdc, stocks ect...

These new innovations have a very real ability to make all shit coins obsolete. Well... More obsolete.

The new layer 3 systems are... Well....new, and are yet to be battle tested.

They have massive potential in their hands.

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paulo 2y ago

Ok, thank you for this! It’s helping me organize ideas in my mind. 👍👍

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paulo 2y ago

I’m working on a project for which we’re planning to add Bitcoin compatibility at some point in the future. And after reading your note, I believe layer 3 will be the best point for us to plug ourselves in.

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Technomancer 2y ago

Cool, the more projects using this the better

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