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.
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.