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Pros

  • it hopefully pulls the onchain shitcoins out of onchain
  • it can maybe do stable coins (useful for now)
  • it advances the research and state of art on lightning
  • hopefully increasing liquidity in the network

Cons

  • this is a shitcoin and scam factory
  • added complexity
  • wasted time and not implemented by other nodes (afaik)
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Looking forward to nodes having to register as money transmitters when the stablecoins start rolling out on these rails lol

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Congrats on the first tx!

Is there a method for SPV of taproot assets? Or does it require an indexer?

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Why not use cashu protocol for creating tokens? Surely, we could do it very easily, no?

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more garbage on the timechain?

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This is definitely a good move for bitcoin...

The first transaction and should be more popular than the main layer taproot asset transactions very soon.

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