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0 sats \ 2 replies \ @BSwgZ 11 Jul 2023 freebie \ on: We are the co-founders of Atomic.Finance, AMA. (Non-custodial BTC yield) bitcoin
Layered scaling seems to be the way but would be nice to do it while keeping some of the key bitcoin principles - immutable, self custody, fair and open access.
Any consideration to use the developing infra of a project like Zenon for building on bitcoin? Cross chain HTLCs running, PTLCs in testing, on chain venture funding..
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0 sats \ 1 reply \ @matthewjablack 11 Jul 2023
I'm not too familiar with Zenon tbh. It looks like a new L1?
I've spent quite a bit of time working on cross-chain in the past. I previously worked at Liquality working on Atomic Swaps between BTC <> ETH. I think there's a ton of challenges with doing things cross-chain. You run into issues like free-option problem. Much easier to build on only one chain. And DLCs can do almost all the things you need for Bitcoin when it comes to financial tools.
PTLCs are cool, and a great upgrade to lightning. They will enable DLCs to be routed over LN (although this involves significant capital lockups).
As for VC I think this question answers it: #207366
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0 sats \ 0 replies \ @BSwgZ 11 Jul 2023 freebie
Cool thanks for the reply, makes sense. Exciting time for bitcoin.