Subnostr

Replying to

Rsync🦀

Reflections about BRC-20

-L1 is storage value, not trading shitcoins

-Shitcoiners will loss your sats

-Layers or sidechains are better for this instead L1

-Lightning Network is good for these moments

-Bad for open/close channels

-It is necessary add new functions for avoid attack? If not, what's options?

#bitcoin

steepdawn974 2y ago

I'm wondering if we ever get to see L-BTC backed Lightning channels. Would probably have to come (first) from the federation members who self-sovereigly Swap-In and Swap-Out, and thus treat L-BTC and BTC (almost) as identical.

i.e. when they receive a routing request from incoming L-BTC channel they could forward the outgoing via one of their regular (BTC backed) channels

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steepdawn974 2y ago

Hah, @juraj thinking about the same lines!

https://juraj.bednar.io/en/blog-en/2023/05/07/expanding-the-lightning-network-to-serve-billions-a-quick-win-strategy/

steepdawn974 2y ago

I meant to actually nostr:npub1m2mvvpjugwdehtaskrcl7ksvdqnnhnjur9v6g9v266nss504q7mqvlr8p9

Didn't seem to have worked. The ways of the Nostrich are full of mysteries