Pros/cons of the following approaches to creating fiat stablecoins "on/for bitcoin":
- Taro
- RGB
- Blockstream Liquid
- Synonym OmniBOLT
- RSK
- Stacks
- CFDs / DLCs
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121 sats \ 5 replies \ @nout 6 Aug 2022
I'm no expert in any of those, so the only thing I can offer is quick impression from reading some of the associated docs:
1, 2, 4, 7: con: Waiting to see any application in the wild
3: con: centralized core of the system
5: con: the existing applications don't seem appealing (e.g. no LN integration)
6: con: really hard to crunch through the marketing BS and somehow it looks like premined shitcoin?
Three's now also
- https://stablesats.com
- https://standardsats.github.io
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100 sats \ 0 replies \ @captain_stacks 6 Aug 2022
Stacks PoX system is also sus
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0 sats \ 0 replies \ @saunter 7 Aug 2022
Re: 5, Sovryn which is on RSK has LN integration
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0 sats \ 2 replies \ @felix 6 Aug 2022
stablesats & standardsats is number 7.
3,5 and 6 are not Bitcoin.
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0 sats \ 1 reply \ @nout 6 Aug 2022
What does CFDs stand for?
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1 sat \ 0 replies \ @BlokchainB 6 Aug 2022
Contract for difference
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27 sats \ 2 replies \ @DarthCoin 6 Aug 2022
Why this obsession with "stable-shit" ?
https://i.postimg.cc/h4p9SFpb/shitcoins-change-my-mind.jpg
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0 sats \ 1 reply \ @F 6 Aug 2022
This guy is a troll ^
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94 sats \ 0 replies \ @go 6 Aug 2022
Whoa dude, you've barely been on here a week. Chill out.
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0 sats \ 0 replies \ @BlokchainB 6 Aug 2022
Call me a TARO bear but I think it’s a good 5 years away from being viable if ever
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