đź“… Original date posted:2021-12-06
đź“ť Original message:Hi, it is not really possible in the way you think, mainly because
lightning relies on liquidity to work, i.,e. lots of bitcoin locked up in
channels to allow liquidity, NFTs are not liquid, so if you have 1 NFT then
it would be impossible to send on the network
I think the best off chain solution to NFTs on bitcoin is using Ruben
Somsens state chain protocol, which allows you to swap utxos off chain, and
those off chain utxos could harbour an op return/nft
On Mon, Dec 6, 2021 at 10:36 AM Karl via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Hi,
>
> I'm not a bitcoin developer.
>
> On Mon, Dec 6, 2021, 5:05 AM Héctor José Cárdenas Pacheco via bitcoin-dev <
> bitcoin-dev at lists.linuxfoundation.org> wrote:
>
>> Hello all,
>>
>> I’ve been thinking about how OP_RETURN is being used to create and trade
>> NFTs on Bitcoin (think RarePepes, SoG and other new ones) and was wondering
>> if it’s possible to
>>
>
> Do you have a link to any of these protocols?
>
> make transactions with this opcode via Lightning.
>>
>> More specific questions could be:
>>
>> 1. Can opcodes like OP_RETURN be inside a channel’s opening or
>> closing transaction?
>> 2. If so, could that OP_RETURN change hands within that channel or
>> network of channels?
>>
>> OP_RETURNs do not have ownership according to the bitcoin network. It is
> not hard to define a protocol that associates an OP_RETURN with ownership,
> and ownership could then be transferred via lightning by sending associated
> currency via lightning. Robustness improvements seem possible.
>
>
>> 1. If possible, could the OP_RETURN be divisible? Could one person
>> send a piece of a OP_RETURN just like one can do right now on the primary
>> ledger or would it need to maintain the OP_RETURN code intact?
>>
>> OP_RETURNs themselves do not have ownership, but you can define a
> protocol that gives them divisible ownership, including via lightning.
>
> I’m assuming that, if possible, this would need a protocol layer parallel
>> to Bitcoin/Lightning that stores and reads all Bitcoin transactions and the
>> ones which involve the node's channels as well as the ones with the
>> OP_RETURN, just like CounterParty does right now with the primary ledger.
>>
>> Thank in advance.
>> ——
>>
>> *Héctor Cárdenas*@hcarpach
>>
>> _______________________________________________
>> bitcoin-dev mailing list
>> bitcoin-dev at lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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Christian Moss [ARCHIVE] /
npub1p2…v96ps
2023-06-07 23:00:50
in reply to nevent1q…y82z
Author Public Key
npub1p2a0xd54akwacgpsu58e7ufhgnxgt4zp3jzs35sgc6u7jjyt437s9v96psPublished at
2023-06-07 23:00:50Event JSON
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"content": "📅 Original date posted:2021-12-06\n📝 Original message:Hi, it is not really possible in the way you think, mainly because\nlightning relies on liquidity to work, i.,e. lots of bitcoin locked up in\nchannels to allow liquidity, NFTs are not liquid, so if you have 1 NFT then\nit would be impossible to send on the network\n\nI think the best off chain solution to NFTs on bitcoin is using Ruben\nSomsens state chain protocol, which allows you to swap utxos off chain, and\nthose off chain utxos could harbour an op return/nft\n\nOn Mon, Dec 6, 2021 at 10:36 AM Karl via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Hi,\n\u003e\n\u003e I'm not a bitcoin developer.\n\u003e\n\u003e On Mon, Dec 6, 2021, 5:05 AM Héctor José Cárdenas Pacheco via bitcoin-dev \u003c\n\u003e bitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e\n\u003e\u003e Hello all,\n\u003e\u003e\n\u003e\u003e I’ve been thinking about how OP_RETURN is being used to create and trade\n\u003e\u003e NFTs on Bitcoin (think RarePepes, SoG and other new ones) and was wondering\n\u003e\u003e if it’s possible to\n\u003e\u003e\n\u003e\n\u003e Do you have a link to any of these protocols?\n\u003e\n\u003e make transactions with this opcode via Lightning.\n\u003e\u003e\n\u003e\u003e More specific questions could be:\n\u003e\u003e\n\u003e\u003e 1. Can opcodes like OP_RETURN be inside a channel’s opening or\n\u003e\u003e closing transaction?\n\u003e\u003e 2. If so, could that OP_RETURN change hands within that channel or\n\u003e\u003e network of channels?\n\u003e\u003e\n\u003e\u003e OP_RETURNs do not have ownership according to the bitcoin network. It is\n\u003e not hard to define a protocol that associates an OP_RETURN with ownership,\n\u003e and ownership could then be transferred via lightning by sending associated\n\u003e currency via lightning. Robustness improvements seem possible.\n\u003e\n\u003e\n\u003e\u003e 1. If possible, could the OP_RETURN be divisible? Could one person\n\u003e\u003e send a piece of a OP_RETURN just like one can do right now on the primary\n\u003e\u003e ledger or would it need to maintain the OP_RETURN code intact?\n\u003e\u003e\n\u003e\u003e OP_RETURNs themselves do not have ownership, but you can define a\n\u003e protocol that gives them divisible ownership, including via lightning.\n\u003e\n\u003e I’m assuming that, if possible, this would need a protocol layer parallel\n\u003e\u003e to Bitcoin/Lightning that stores and reads all Bitcoin transactions and the\n\u003e\u003e ones which involve the node's channels as well as the ones with the\n\u003e\u003e OP_RETURN, just like CounterParty does right now with the primary ledger.\n\u003e\u003e\n\u003e\u003e Thank in advance.\n\u003e\u003e ——\n\u003e\u003e\n\u003e\u003e *Héctor Cárdenas*@hcarpach\n\u003e\u003e\n\u003e\u003e _______________________________________________\n\u003e\u003e bitcoin-dev mailing list\n\u003e\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\u003e\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20211206/7533655c/attachment-0001.html\u003e",
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