20 sats \ 6 replies \ @om 21 Mar 2023 \ on: Do you prefer Taro ♦️ or RGB 🎨 as a protocol for stablecoins and NFTs on BTC ? bitcoin
Neither. Keep the damn stablecoins out of the mainnet because the stablecoin issuers get to decide the winner of a fork. Ethereum is already deeply in this situation.
For stablecoins use either Liquid or Fedimint's stability pools.
For NFTs use either Ordinals or Liquid, there's no need for something more complicated.
I have used the word stablecoins but I really meant alternative assets such as tokenized stocks, options, etc.
For NFTs I guess that the only benefit of Taro is that Taro NFTs don't add extra space to blockchain.
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My answer is still Liquid. Imagine that Bitcoin forks into Bitcoin proper and Bitcoin Trash. And the government proclaims that all companies that issue tokens on the Bitcoin chain must use Bitcoin Trash from now on. And users really like their tokens... Why do we want to give the government this power?
I have no idea why ordinals try to upload monkeys to the chain instead of using IPFS hashes like all the other chains.
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I don’t think we should give government power.
Let’s bitcoinize dollar not dollarize bitcoin!
As for liquid. I done even know how to star a node or buy an NFT on it. I know exchanges use it.
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One word. SideSwap. Start your liquid journey there
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Yeah!
Start with https://liquid.net
The node is Elements: https://elementsproject.org/
Look at NFTs at https://raretoshi.com/
And yeah, sideswap.
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Thank you !
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