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10 sats \ 6 replies \ @ama 22 Jan 2023 \ parent \ on: What is Layer 3? bitcoin
Correct me if I'm wrong, but isn't that exactly what RGB does/is?
No, because LN computation layer shouldn't be touching chain at all.
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True. RGB is defined by their authors are layer 2/3.
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I think you can say that a simple on chain element to a protocol doesn't make it, itself, into a layer 2, such as fidelity bonds on nokyc markets, or any type of protocol that needs objective timestamps, but rather whether it routinely reads and writes data to the chain, read only most of the time doesn't really make it a layer 2.
I'd say the distinction is more about where the bulk of payment activity occurs in the protocol. If it's primarily transacting on LN then it's layer 3.
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Seems yes. And etleneum IS DEAD PROJECT! Do not refer! Not belive, go their TG channel to see owner comments 22.1.2023@22:30GMT ish
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I think that's good news. I don't remember the exact details, but I somehow remember I didn't like it at all when I found it first. I'm still hanging around in their TG group, though, hopping to never see the smallest sight of it coming back to life. LOL
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Etleneum was great. There was nice Simple Auction Contract and Swap contract.
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