5 sats \ 3 replies \ @cointastical 13 Sep 2022 \ on: Thoughts on Ravencoin? bitcoin
LN today? It doesn't. There isn't anything like Ravencoin for tokens available on LN today. There might be projects promising things like NFTs and equity tokens over LN, but I don't know enough about that to comment.
There are asset tokens on a Bitcoin sidechain, Blockstream Liquid. Anyone can issue a token and there are privacy benefits over similar efforts on a blockchain that doesn't have certain privacy protections.
Of course, those issuing tokens have specific needs beyond simply creating a token. So on Liquid for that, Blockstream has built AMP:
https://blockstream.com/amp
And soon there will be a decentralized OTC trading market for these tokens, XDEX:
XDEX, the First Fully Decentralized Bitcoin Powered STO Exchange Launches in Switzerland
https://xdex.ch/xdex-the-first-fully-decentralized
Related:
How STOKR Works - Connecting Everyday Investors With Innovative Business Ventures
https://stokr.io/how-stokr-works
Thank you for your reply. I'm just wondering if there's overlap between learning BTC + LN at the technical / transaction level (which I'm doing) and how Ravencoin does it? As a fork of Bitcoin core my guess is it's similar enough, and whatever they're doing to package contracts along with a BTC-like chain, it's gonna be similar to LN? I will read more.
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As a fork of Bitcoin core my guess is it's similar enough, and whatever they're doing to package contracts along with a BTC-like chain, it's gonna be similar to LN?
No. LN scales using a layer 2 that uses the concept of payment channels. Ravencoin is entirely on-chain.
If you aren't already familiar with it, what you might want to look into would be Omni (OmniLayer) and OmniBolt, which is what Synonym is using (and building ?) to facilitate token issuance.
But as I mentioned above, these things I know almost nothing about.
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Thank you
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