Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: simthdw on March 27, 2019, 09:38:34 AM



Title: [question] Is it possible to use Lighting Network to transfer USDT
Post by: simthdw on March 27, 2019, 09:38:34 AM
Since USDT also use Bitcoin network , i am wondering if this is possible. If it is possible , is it a same lighting network or a totally different with bitcoin lighting network.


Title: Re: [question] Is it possible to use Lighting Network to transfer USDT
Post by: monsterer2 on March 27, 2019, 10:09:10 AM
Since USDT also use Bitcoin network , i am wondering if this is possible. If it is possible , is it a same lighting network or a totally different with bitcoin lighting network.

You'd need omnicore (the backbone supporting USDT) to support LN internally for this to work, because the way omni tokens are identified as BTC UTXO's is not trivial. This would also need LN operators to run omnicore as well as bitcoin core.


Title: Re: [question] Is it possible to use Lighting Network to transfer USDT
Post by: simthdw on March 28, 2019, 03:15:09 AM
Got it , thanks dude.


Title: Re: [question] Is it possible to use Lighting Network to transfer USDT
Post by: tongokongo on April 02, 2019, 02:26:48 AM
No, it's not. Omnicore uses bitcoin core 0.13 and lightning benefits from enabling segwit. Also Tether is just an OP_Return, which is totally ommited while using any lightning implementation.


Title: Re: [question] Is it possible to use Lighting Network to transfer USDT
Post by: simthdw on April 03, 2019, 06:47:07 AM
No, it's not. Omnicore uses bitcoin core 0.13 and lightning benefits from enabling segwit. Also Tether is just an OP_Return, which is totally ommited while using any lightning implementation.

Got it. Thanks.