theonevortex on Nostr: I can't seem to find anything you've developed. Where's a link? Because you still ...
I can't seem to find anything you've developed. Where's a link? Because you still seem grossly misinformed.
I repeat Liquid is not an L2 because it doesn't natively settle to bitcoin and is a federated network and therefore has completely different security guarantees than bitcoin. Lightning is the only L2 that directly settles to bitcoin due to creating a HLTC on the base chain.
You are completely wrong about covenants, as I mentioned they will help to decentralize mining pools, do more research.
> We don’t need the ability to open a million lightning channels right now.
Yes but we will in the future, many millions in fact.
> Why we don’t need op_cat, op_ctv or anything else so that we can open many lightning channels at once.
The only way to do this is with channel factories which is only possible with CTV.
Published at
2024-09-10 00:09:47Event JSON
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"content": "I can't seem to find anything you've developed. Where's a link? Because you still seem grossly misinformed.\n\nI repeat Liquid is not an L2 because it doesn't natively settle to bitcoin and is a federated network and therefore has completely different security guarantees than bitcoin. Lightning is the only L2 that directly settles to bitcoin due to creating a HLTC on the base chain.\n\nYou are completely wrong about covenants, as I mentioned they will help to decentralize mining pools, do more research.\n\n\u003e We don’t need the ability to open a million lightning channels right now.\n\nYes but we will in the future, many millions in fact.\n\n\u003e Why we don’t need op_cat, op_ctv or anything else so that we can open many lightning channels at once. \n\nThe only way to do this is with channel factories which is only possible with CTV.",
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