waxwing on Nostr: Sorry that last part about snapshots was dumb; not that it isn't a valid idea, but in ...
Sorry that last part about snapshots was dumb; not that it isn't a valid idea, but in no way is it some kind of peg, because it's new issuance, even if controlled. The two way peg concept is the most interesting, and it seems really unclear/difficult with bitvm (given fraud proos onchain a la arbitrum) (not that i know any easy way!).
Published at
2024-09-23 18:34:32Event JSON
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"content": "Sorry that last part about snapshots was dumb; not that it isn't a valid idea, but in no way is it some kind of peg, because it's new issuance, even if controlled. The two way peg concept is the most interesting, and it seems really unclear/difficult with bitvm (given fraud proos onchain a la arbitrum) (not that i know any easy way!).",
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