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0 sats \ 1 reply \ @k00b 16 Jul 2021 \ parent \ on: Jack Dorsey Announces New Square Division To Build DeFi on Bitcoin bitcoin
Yeah! My understanding is that so long as you can encode Y definitely happened as a preimage, you can use Lightning to incentivize John to do Y.
I was asking about an HTLC based storage system on Twitter and xraid replied with this project https://github.com/joostjager/deadmensbutton.
Naively, for something like storage you need some kind of watchtower like thing periodically sending incentives John. But for short duration work you can probably achieve it quite elegantly.
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0 sats \ 0 replies \ @k00b 16 Jul 2021
I would be rad if they did stick to L2. It skipped my mind as a possiblity.
I met cryptoquick at https://pleb.fi in Miami and he mentioned someone on https://bitcoinhackers.org was doing a lot of work on L2 smart contracts.
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