I need to carve out some time in a few weeks and try to make it work, but I had a funny thought about the PSBT construction that folks are using for trust-less offers/trades of inscriptions: I *think* you could use that same construction for trustless offers and trades of taro assets. So that means you could do an actual decentralized exchange of bitcoins and stablecoins (or whatever garbage you please).
That’s pretty wild.
Going a step further, what if you did that but with something like a DLC construction on the bitcoin side of the trade. I *think* you could do decentralized trustless borrowing protocols on bitcoin. We could have bitcoin-backed loans, but p2p, decentralized, nokyc?
rot13maxi / Rijndael
npub1mx…u0htc
2023-03-01 04:52:04
Author Public Key
npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htcPublished at
2023-03-01 04:52:04Event JSON
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"content": "I need to carve out some time in a few weeks and try to make it work, but I had a funny thought about the PSBT construction that folks are using for trust-less offers/trades of inscriptions: I *think* you could use that same construction for trustless offers and trades of taro assets. So that means you could do an actual decentralized exchange of bitcoins and stablecoins (or whatever garbage you please). \n\nThat’s pretty wild. \n\nGoing a step further, what if you did that but with something like a DLC construction on the bitcoin side of the trade. I *think* you could do decentralized trustless borrowing protocols on bitcoin. We could have bitcoin-backed loans, but p2p, decentralized, nokyc?",
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