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161 sats \ 2 replies \ @random_bitcoiner 18 Sep 2022 \ on: Lightning Network and Interplanetary Settlement bitcoin
This is the kind of scenario where I find a side-chain much more useful actually. Because even if they decide to use lightning for mars-to-mars transactions, nothing really guarantees that a LN peer is actually in Mars. It could be someone on Earth trying to convince a martian to open a payment channel to later try to cheat, taking advantage of the fact that the one on earth is closer to the center of hash.
A sidechain like Liquid would make more sense here. Assuming that all members of the federation are on martian soil, then you can build a lightning network on top of that sidechain and use that instead.
The monetary base doesn't need to be expanded.
Because even if they decide to use lightning for mars-to-mars transactions, nothing really guarantees that a LN peer is actually in Mars
You can prove that a lightning peer is on Mars simply by responding quickly. This prevents faking a Martian peer.
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True, didn't think of that. But you'd really want to keep a separate LN for mars and thus making it not interoperable with the one on earth makes sense.
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