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What's the deal with Stax?
1 sat \ 5 comments \ @turmeric 16 Feb 2023 bitcoin freebie
What's the deal with https://www.stacks.co/?
I'm much more familiar with lightning and how it bootstraps security from the underlying L1. I'm very skeptical of everything else like this.
Is this legit? Does it bootstrap the security like the lightning network? It is yet another shitcoin? Cus I get shitcoin vibes....
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10 sats \ 4 replies \ @TheL0wner 16 Feb 2023
yes, shitcoin.
#19225
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10 sats \ 3 replies \ @turmeric OP 16 Feb 2023 freebie
hoping for some evidence here. my shitcoin detector is going off too but just want to know some reasons why it is one.
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10 sats \ 1 reply \ @DarthCoin 16 Feb 2023
If you can't see that is a scam shitcoin, that means you have waaaaay more to learn about Bitcoin.
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0 sats \ 0 replies \ @turmeric OP 6 Mar 2023
I just didn't look into it much, and rather than look into something that's very likely a scam, was hoping to get the summary from someone that already looked into it.
The linked thread had some good points though
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0 sats \ 0 replies \ @TheL0wner 16 Feb 2023
some given in the linked thread
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