Pros/cons of the following approaches to creating fiat stablecoins "on/for bitcoin":
- Taro
- RGB
- Blockstream Liquid
- Synonym OmniBOLT
- RSK
- Stacks
- CFDs / DLCs
pull down to refresh
pull down to refresh
Pros/cons of the following approaches to creating fiat stablecoins "on/for bitcoin":
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
Stacks PoX system is also sus
stablesats & standardsats is number 7.
3,5 and 6 are not Bitcoin.
What does CFDs stand for?
Contract for difference
Re: 5, Sovryn which is on RSK has LN integration
Why this obsession with "stable-shit" ?
https://i.postimg.cc/h4p9SFpb/shitcoins-change-my-mind.jpg
This guy is a troll ^
Whoa dude, you've barely been on here a week. Chill out.
Call me a TARO bear but I think it’s a good 5 years away from being viable if ever