Post
Topic
Board Bitcoin Discussion
Re: I'm wondering when btc network will launch usdt in the lightning network?
by
franky1
on 11/08/2022, 18:32:38 UTC
LN is not consensus locked to bitcoin.
LN dies not even have a consensus


this is what some call a feature but is also a flaw of LN, because LN can be broke very easily and also changed very easily to fit any network

LN devs can(well their dev politics agenda is a different story) . anyway the LN devs can have a set up of channels where instead of having pegged sats to msat. they can have pegged stable coin to pegged mcents


the same way bitocin, litecoin, vertcoin(and others) lock value to an utxo. and hen use that as a reference point on LN to then make 'commitments' and then 'payments' in msat balance

there are stable coins that could do the same. have a lock where their utxo dont move unless terms a re met. and hen use that as a reference to create the mcent channels