A comment got me thinking about the possibility of a functional #L2 for #Bitcoin which could provide tools to manufacture or just print physical bitcoin notes.
I know some companies like #Noteworthy and https://www.bitcoin-banknote.com have looked into this idea, but always as a novelty and always on the base layer.
Is there any group that has looked into how this might work as a Layer 2? There are a few problems I see, like the settlement on-chain and deprecating notes, but I am interested in the possible solutions here.
I have other thoughts on how an L2 could solve the trust problems of the examples above, but won't make a wall of text as my first post. Anyone interested in exploring this idea?
codemonkey / code monkey
npub1nc…fylhl
2023-08-09 06:31:22
Author Public Key
npub1nc33p6q9y357pkgs03zyndtsdz7czwx5gf055qt0dejh274ktnlqwfylhlPublished at
2023-08-09 06:31:22Event JSON
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"created_at": 1691562682,
"kind": 1,
"tags": [
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"content": "A comment got me thinking about the possibility of a functional #L2 for #Bitcoin which could provide tools to manufacture or just print physical bitcoin notes. \n\nI know some companies like #Noteworthy and https://www.bitcoin-banknote.com have looked into this idea, but always as a novelty and always on the base layer. \n\nIs there any group that has looked into how this might work as a Layer 2? There are a few problems I see, like the settlement on-chain and deprecating notes, but I am interested in the possible solutions here. \n\nI have other thoughts on how an L2 could solve the trust problems of the examples above, but won't make a wall of text as my first post. Anyone interested in exploring this idea? ",
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}