Lightning Network Observer

[BlackHatCoiner]

[...]

Looks complicated with buzzwords, and not with an essential explanation. My first question would be: how do we trustlessly decide what's the Bitcoin price?

Every time I see anything to do with "stable", I don't get my hopes up.

[fillippone]

Big news from Lightning Labs.
They finally released the first poduction version of Taproot Assets (formerly known as TaRo).

Lightning Labs eyes improving stablecoin settlement with launch of updated Taproot Assets

• Lightning Labs’s latest version of Taproot Assets launching on mainnet is compatible with the Lightning Network.
• The company aims to provide a less expensive and safer settlement option to stablecoin users.

Roasbeef commented:


More technical info at the official docs:

Taproot Assets on Lightning

[franky1]

so the latest advert is ... dont buy bitcoin, dont hold actual bitcoin.. instead sell bitcoin for $$ and then spend $$ to get 1 sat locked to someone elses utxo pegged on LN, unsettled and not yet yours.. and pretend its many $$

hmm.. ill stay away from scams, thanks

remember folks, if its on LN and your not the creator of the locked utxo (channel funder/the perceived value owed to you), its not actually yours

LN value in htlc are like zero confirms where mining pools dont even have it in their mempools to even confirm into a block
#NotYourCoin

be careful what your giving up to be later promised but not guaranteed to get