121 sats \ 5 replies \ @nout 6 Aug 2022 \ on: Stablecoin platforms bitcoin
I'm no expert in any of those, so the only thing I can offer is quick impression from reading some of the associated docs:
1, 2, 4, 7: con: Waiting to see any application in the wild
3: con: centralized core of the system
5: con: the existing applications don't seem appealing (e.g. no LN integration)
6: con: really hard to crunch through the marketing BS and somehow it looks like premined shitcoin?
Three's now also
- https://stablesats.com
- https://standardsats.github.io
Stacks PoX system is also sus
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Re: 5, Sovryn which is on RSK has LN integration
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stablesats & standardsats is number 7.
3,5 and 6 are not Bitcoin.
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What does CFDs stand for?
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Contract for difference
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