What is Nostr?
HanShan / Han Shan
npub1lxz…svxa
2024-11-10 15:18:59
in reply to nevent1q…unlm

HanShan on Nostr: It's not accurate to think of Ln as a separate token moving on top of BTC It's better ...

It's not accurate to think of Ln as a separate token moving on top of BTC
It's better to think of it as a network that claims ownership of sats inside BTC multi-sig contracts
There's no way to claim ownership of a sat that doesn't exist.
ie you cant create supply from nothing

The best anyone can do claim the sats in the channel (multisig contract) from their counterparty and hope they can get away with it.
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa