100 sats \ 2 replies \ @patrick OP 22 Aug 2022 \ parent \ on: Ask SN: Decentralized stablecoins on lightning bitcoin
Read more about Taro, Omnibolt, and RGB.
https://lightning.engineering/posts/2022-4-5-taro-launch/ https://www.rgbfaq.com/what-is-rgb https://github.com/omnilaboratory/OmniBOLT-spec (omnibolt to be implemented on mainnet soon by the guys at https://synonym.to)
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110 sats \ 0 replies \ @om 23 Aug 2022
I want to double down on the comment you're answering to. I believe that LN spanning two blockchains - Bitcoin and stablecoin - would be better than LN only on the Bitcoin chain but with two assets.
Imagine (God forbid) that Bitcoin forks an offshoot called Bitcoin Crash. If the stablecoins are issued on the main chain, the issuers now get to decide which fork to support. What if for some reason they choose Bitcoin Crash? Do we really want to give them such power?
I made a post about that before.
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0 sats \ 0 replies \ @m4 22 Aug 2022
Omnibolt kek
Instant payment of smart assets issued on OmniLayer and Etherium(soon future).
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