42 sats \ 0 replies \ @SequentiaSEQ OP 18 Jul \ parent \ on: Sequentia: A Bitcoin sidechain that doesn't need a peg/bridge bitcoin
Not in the same category at all! Lightning is a payments network, Sequentia is a tokenized assets network, both are interoperable in the following senses :
- You can use Bitcoin on LN to buy(*) assets issued on Sequentia (submarine swaps)
- You can load assets issued on Sequentia to LN channels of their own
- You can use Bitcoin on LN to buy(*) assets issued on Sequentia which have been loaded into LN channels of their own (lightning swaps)
- You can perform multi-hop asset payments, ie Sequentia assets loaded to LN can "travel" through BTC channels and vice versa; growing lightning on Sequentia helps BTC payments and vice versa
That last feature was pioneered by Taproot Assets (). However, Taproot Assets relies on committing data to the Bitcoin blockchain directly, whereas Sequentia is a separate chain which doesn't "pollute" Bitcoin blockspace.
(*) swap between chains, p2p and in real-time