bit on Nostr: An Unfederated Two Way Peg to a merge-mined token that has near 100% the hashrate of ...
An Unfederated Two Way Peg to a merge-mined token that has near 100% the hashrate of Bitcoin appears to be possible with BitVM.
High L1 fees will remain but there will be secure full-custodial onboarding solutions in the near future.
Anybody out there building such tech? If so, we'd like to help fund the work.
Published at
2023-12-19 15:10:23Event JSON
{
"id": "1dfc66d02260a6bc36f2d3739698212a8b52b5b532c26aef235748290096297b",
"pubkey": "684a85e2cc684ddfd2f1d7a283b47b7183db9af177f94c717a1ccf46b08e08b2",
"created_at": 1702998623,
"kind": 1,
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"content": "An Unfederated Two Way Peg to a merge-mined token that has near 100% the hashrate of Bitcoin appears to be possible with BitVM.\n\nHigh L1 fees will remain but there will be secure full-custodial onboarding solutions in the near future.\n\nAnybody out there building such tech? If so, we'd like to help fund the work.\n\nhttps://m.primal.net/HUXZ.png",
"sig": "57d97f1c5eda1f1da3e6bbc8f9d3829bd3d14839147e517f541619ad5745c4338bda8eff4739c2b23a631c3474affcf26997453fd5b3a9e627ef2d695733433e"
}