Quote from: witcher_sense on August 12, 2022, 05:37:42 AM

Quote from: _act_ on August 11, 2022, 05:50:16 PM

It is not possible.

It was possible to make use of bitcoin blockchain for omini layer, but that is onchain. Lightning network is layer 2 and it is not on chain but off chain. If USDT wants to be able to do that, its developers needs to create off chain layer 2 means of transferring USDT, but they may not want to do that because of altcoins blockchain options which have low transaction fee.

Thanks to Taproot, it is quite possible to issue USDT or other tokens on the Lightning Network. Check out the protocol proposed by Lightning Labs called Taro:

https://lightning.engineering/posts/2022-4-5-taro-launch/
https://bitcoinmagazine.com/technical/how-bitcoin-taro-protocol-works
https://docs.lightning.engineering/the-lightning-network/taro

So, it is really possible? It's funny how others immediately post that it's not possible without double checking things first in the internet. Things are changing fast you know and experts won't stop until they come up with a better solution which can help improve the lives of the people.

First, we have tron and the next one is this. I think this will attract more people to use tether and forget its flaws because the lightning network is much faster and cheaper compared to other networks. By the way, that taproot name is kinda familiar to me. I know it sounds like a rooting application for android phones lol but I don't know if they are from the same company.