Instead of each L1 Tx being one ownership change, we can plant a whole tree full of many users, all sovereign, but only using 1 UTXO of block space.
If the leaves were lightning channels, you can even be spending sats freely - only updating the tree rarely for channel closures.
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Wait: Don’t we have to mine this huge pile of Tx eventually, for everyone to REALLY get their coins?
If we collaborate, NO! We can build alternate spend paths. But that’s a whole thread.
You now understand covenants 101: commitments made *without always touching the chain*.
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This is awesome! Thank you!
I wish I had more visibility on nostr. I get pretty much nothing on here when I post content
Can you consolidate into one long note next time? Nostr doesn't have arbitrary character limits like Xitter.
Nostr is a lot smaller than twitter. It is more focused on bitcoin, though. I think there is good potential to educate plebs on here. Thank you for migrating these threads. I have wanted to dig into how CTV enables these higher level constructs. 🙂 👍
man, same
zero interaction whatsoever on my occasional development posts. I get that it's technical, but isn't most of nostr?
followed
Being a reply guy seems to be a decent way to get followers. It worked today! Otherwise, I think, just post consistently and be patient. Nostr is very small still and there's no algorithm to game so you shouldn't expect the same engagement numbers as other networks.
A ton of good info here. I've only heard about CTV argued about by folks way above my technical understanding (for what seems like a really long time now) but haven't seen so neat and logically put together. Will study further & ask questions, seems worthy of a full length article imo
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