10 sats \ 2 replies \ @notgeld 10 Jun \ on: Have you ever had your #bitcoin hacked, stolen, or rugged on an exchange? bitcoin
Yes. Some funds on ftx intended to test hedge engine of fiat channels. You may also need one anyway.
You can hedge using 10101, bitcoin-only, no counterparty risk.
https://10101.finance
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I don't think users are entirely isolated from third-party risk when using DLC channels. This is why I basically think Fiat channels model is just enough. Even more it is already improved if compared with USDT on TRON and this is a major competitor for Fiat channels provider, not DLC enabled LSP. This model is not really scalable.
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