I don't think it's possible even on eth.
unless you lock yourself on some centralized smar contract.
but that's probably the caee.
you trust the contract. that's your risk
Discussion
Tether Inc. lock USDT all the time as is shown above or by doing any Google search.
I don't think those things are fungible on liquid and erc20
You trust liquid federation to peg the value to usd-t. not tether.
anyways it's too much shitcoinery for me. I use it solely for swaps. IDC
You appear to be making random untrue statements that bear no resemblance to the discussion.
NFT's (JPEGs) are not fungible (Non Fungible Tokens),
ALL OTHER CRYPTO CURRENCIES ARE FUNGIBLE.
what? are u AI?
I said that tether on liquid is pegged to usd. not erc20 tokens
Direct quote from you and the point I was answering:
“I don't think those things are fungible on liquid and erc20”
we might be talking about different things. I don't think taht liquid tether is censorable. When you peg out you migjt be
if it make sense...
Correct, it is not censorable because the transactions are encrypted and therefore obfuscated.
If they were not encrypted Tether Inc would be able to identify which wallet addresses contained their coins and may then be able to lock those wallets.
Censorable is too generic a word, we need to define the meaning.
By lock we mean that the funds are no longer movable.
In the case of ERC20 tokens this could mean burning the token or simply putting a script (contract) on top of the ledger entry that makes it null and void (like a master key).
For the new Bitcoin Tether tokens, these mechanisms may or may not be available. I suspect Tether would not give up the ability to censor (lock or burn) their own coins.
But as we know Bitcoin UTXOs are uncensorable, so I would guess that the ordinal would still be able to be spent, but that perhaps the USDT would no longer be inscribed on it, or that the USDT token would not move to the new key.
These are my early guesses, but they are all speculations I would prefer not to make.
Instead, I would prefer to accept that at this stage we do not know.
Knowing that we do not know means that we don't have to make assumptions and that we can research and find out.
This, for me at least, is a better method of understanding.
Well said. but I prefer not to touch it 🤪