#atomicswap — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #atomicswap, aggregated by home.social.
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Blocknet DEX explained:
- fully open-source fully decentralized-distributed permissionless peer-to-peer cryptocurrency exchange.#Blocknet #BlockDX #crypto #DEX #HTLC #atomicswap #Debian #Ubuntu #Linux #cypherpunk
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@rune
Some may keep tabs for curiosity.We see things as a rollercoaster ride, or like dancing in a puddle, the more ppl dancing in the puddle the more fun it will be and the more droplets everyone will be kicking up over each other and the higher the puddle to dance in.
Having said that, #BTC is going to be the #savingsLayer in the monetary stack. We're looking to determine what will be the layerTwo #liquidLayer currency (hint, needs to be able to #atomicSwap from BTC into it).
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@FranckLeroy
What we *will* say is that bitcoin is not a payments network.We anticipate that it will operate like a "#savings" account. Every few years a person may need to #atomicSwap funds from #bitcoin to another currency that indeed does use some techniques to limit the mining pool and do some other neat stuff for fast, frequent payments.
But it will still be #proofOfWork. It will just do some fancy stuff to limit the #miningPool. Yes, it out there.
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@lain
#LightningNetwork or #AtomicSwap into a different crypto every few years, if needed?We ask because we learned of a crypto that reduces the #miningPool randomly by assigning miners with an identity/reputation. Sounds very promising, and might allow a more liquid experience. Bitcoin = layer one powered by underfloor heaters in homes. This other crypto handled by enthusiasts, shops etc. With a very solid internet connection/backup that cannot be cut w/o economic damage.
Its a thought.