Replying to Avatar G.M.Joe

I am curious:

Is it possible for a bank to make a fractionally reserved "lightning-clone"?

Example: A bank runs a 10% reserved lightning-clone. User A uses the banks lightning to send 10k Sats to User B that uses "normal" lightning. So user B only gets 1k sats.

I do not want to know if this fits the philosophy or vision of bitcoin or your vision of bitcoin. I want to know if it is technically possible (which I imagine is possible)?

#asknostr #plebchain #lightning
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kohei 1y ago

I believe it’s technically possible. In fact, some Lightning wallet companies are in partnership with Exchanges to issue Stablesats / Synthetic USD.

With Stablesats model, Stablesats holders can send and receive it through Lightning wallet for distribution, while Exchanges got short position in perpetual futures for holders.

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