Replying to Avatar Ofer Elrom

Do you mean just IOU - only denominated in Bitcoin but not holding any direct tie to any UTXO as opposed to what the Lightning network does?
Avatar
fiatjaf 2y ago 💬 1

Yes.

Reply to this note

Please Login to reply.

Discussion

Avatar
Ofer Elrom 2y ago

What is the use case?

If you have to trust someone to fulfill the promise of the IOU he owes you, why do you need a semi-trustless decentralized protocol to manage these IOUs?