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Having bitcoin-native assets like stablecoins allows them to be put into payment channels, where they can be used for commerce.
And shitcoins. This already happen on testnet
My assumption is to try and take stablecoin market share and the accompanying transaction fees earned from it away from other chains, its a bet TRON took and it worked out for them, if it works we don't know
But if it does, could bring some volume to LND nodes and maybe expand a P2P native LN market with stablecoins, also the same applies for shitcoins moving over
True. However, there's risk involved like compliance, SEC, regulation, etc.
Risk-free not exist when we're speaking about shitcoins on Bitcoin
100% no free lunch, it could bring about a lot of issues like Lightning nodes requiring to register as money services businesses to transfer these assets and creating a walled garden KYC subset of the LN network
Mint shitcoins and stablecoins
Early adopters have continually iterated with our team over the last several months of testnet development, minting nearly 2,000 assets on testnet and syncing their nodes with our Universe server, a repository holding all the information needed for a wallet to initialize and download the state of a specific Taproot Asset, over 420,000 times
Yup hahah
other assets. stablecoins, shitcoins, etc
shitcoins
What is the purpose of "assets" on Taproot?
Genuinely curious.