BitcoinAlchemist on Nostr: Haha thanks for the feedback as well. That’s our MVP that we built a few months ...
Haha thanks for the feedback as well. That’s our MVP that we built a few months back. We’re building a proper event derivatives platform with DLCs for bigger bets over longer timeframes for pools like Ocean, Demand, and other small PPLNS pools (1 difficulty epoch timeframe or longer). Lightning just wasn’t good enough to do betting/hedging for large amounts with so many payment pathfinding issues. Plus we didn’t like the custodial aspect of it too much, would much rather do non-custodial betting/hedging so there’s less risk.
Published at
2024-09-17 01:33:09Event JSON
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"content": "Haha thanks for the feedback as well. That’s our MVP that we built a few months back. We’re building a proper event derivatives platform with DLCs for bigger bets over longer timeframes for pools like Ocean, Demand, and other small PPLNS pools (1 difficulty epoch timeframe or longer). Lightning just wasn’t good enough to do betting/hedging for large amounts with so many payment pathfinding issues. Plus we didn’t like the custodial aspect of it too much, would much rather do non-custodial betting/hedging so there’s less risk.",
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