Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
DooMAD
on 21/05/2023, 10:44:19 UTC
If the ownership of funds can be changed, so can the ownership of assets.
Not necessarily. Ordinals (and tokens in general) is all about proving ownership to the wide public, but lightning is all about proving ownership to your partner. You can't prove ownership of funds in lightning to the public, you can only prove ownership of channel.

I don't think it's even possible to implement a non-fungible token transfer in lightning; surely in another off-chain solution, but not that.

I was of the impression that Taro was designed for that sort of thing?  Admittedly I don't know too much about it yet.  But I know it would be glorious if something powered by Taproot or LN is actually the solution to a thing that franky1 is whining about.   Grin