Spoken like a true non-developer who has done zero research.
No covenants to not promote mining centralization, in fact it's the opposite. Covenants could limit how miners spend their rewards, distributing them across multiple addresses or regions, preventing concentration of mining power and encouraging more decentralized mining pools
Liquid is not an L2, it is a sidechain. Lightning is an L2 and is only possible thanks to covenant like op codes such as CLTV + CSV which essentially allows a covenant between 2 parties allowing for a lightning channel to be created.
Plus covenants could help scale lighting even further with channel factories.
If you're going to comment about this stuff at least do some honest research first.
theonevortex / Vortex | CTV | LNHANCE
npub1q5…k6dh3
2024-09-08 01:10:31
in reply to nevent1q…xk4l
Author Public Key
npub1q5un2zq6d93ygesrg3rwmgehfkg9v5kah7pp0jy8pqvzdparxpnqkk6dh3Published at
2024-09-08 01:10:31Event JSON
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"content": "Spoken like a true non-developer who has done zero research. \n\nNo covenants to not promote mining centralization, in fact it's the opposite. Covenants could limit how miners spend their rewards, distributing them across multiple addresses or regions, preventing concentration of mining power and encouraging more decentralized mining pools\n\nLiquid is not an L2, it is a sidechain. Lightning is an L2 and is only possible thanks to covenant like op codes such as CLTV + CSV which essentially allows a covenant between 2 parties allowing for a lightning channel to be created.\n\nPlus covenants could help scale lighting even further with channel factories.\n\nIf you're going to comment about this stuff at least do some honest research first.\n\n\n\n",
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