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75 sats \ 6 replies \ @DarthCoin 1 Aug 2022 \ on: Could Bitcoin eventually have a second layer for smart contracts paid in Sats? bitcoin
You need to read more about LN - https://lightning.how and in special the ChainCode Labs documentation about LN. Lightning Network IS actually a smart contract layer. So your question is already answered.
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0 sats \ 5 replies \ @allark OP 1 Aug 2022
Interesting. Thanks for the resources.
So the problem is a lack of DApps and other Smart Contract DeFi solutions compared to Ethereum. IIUC
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2 sats \ 4 replies \ @DarthCoin 1 Aug 2022
all defi part is useless shit.
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11 sats \ 3 replies \ @allark OP 1 Aug 2022
Disagree.
Decentralized Exchanges are NOT useless.
And they are just One example.
Ignoring decentralization in everything BUT Bitcoin sounds useless.
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1 sat \ 0 replies \ @DarthCoin 1 Aug 2022
Define a DEX. DEX is not DeFi. You are very confused.
https://telegra.ph/LendingBorrowing-in-a-Bitcoin-world-07-05
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0 sats \ 1 reply \ @kilianbuhn 1 Aug 2022
Yeah but they don't need some blockchain or L2 or anything.
All shitcoin smart contract stuff can be done decentralized with Tor, PGP and/or torrenting.
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0 sats \ 0 replies \ @allark OP 1 Aug 2022
There was no NEED for the car, horses and carts were doing fine too. :)
Bitcoin succeeds because Satoshi understood that you have to make it easy to use for the average person without compromising base qualities.
If he followed the ethos above, there would be no Bitcoin. :)
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