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0 sats \ 17 replies \ @justin_shocknet 20 Dec \ parent \ on: Covenant support comparison by Vortex bitcoin
Still 21M whole coins
But new millisat based unit
Would solve scaling and is offline
Si or no?
Wow you are going off on an extremely ridiculous tangent. Obviously creating new units doesn't solve any kind of scaling issue whatsoever.
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You want to scale to mud farmers (cheaper)
You want solutions that work offline (base chain)
You're willing to fork to do it
So what the problem is?
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UTXO sharing is for many people beyond just farmers, there are billions of people in the world like wtaf are you focused on farmers for?
Covenants provide ability to do cold/non-interactive channels. I want this, ln-symmetry and vaults, I don't want to increase the supply cap since I'm not an idiot and understand that does nothing to help scaling.
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Utxo sharing is a hoax though, centrally coordinated and trusted if you can't afford a real UTXO
Millisats would let you self custody a single sat trustlessly
Just a lil shitfork bro come on
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utxo sharing is a hoax
This is provably false, there are examples of covenant txs on testnet using CTV and CAT.
Millisats would let you self custody a single sat trustlessly
Do you actually think utxo sharing is the same as increasing supply cap, are you serious? It's literally nothing more than just presigned transactions...you realize this right?
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Not your UTXO not your coin, that's an immutable fact of Bitcoin... Shared UTXO aren't a thing, you don't own the coin unless you can receive a full UTXO.
Bitcoin 101 clown...
Gives me a technical proof why millisats aren't better.. literally solves poverty and onlineness requirements
Just a lil fork bro c'mon bro read it bro
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not your utxo not your coin
100% false yet again. As long as you have your private key you can unilaterally exit the UTXO at anytime and no one else can spend your coin without your private key.
It's just presigned transactions bro, maybe do some actual reading on utxos.org/uses or read the CTV BIP so you can understand how utxo sharing actually works?
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unilaterally exit
Yea, only if you can afford a REAL utxo in the first place, because there's no such thing as shared UTXO
So millisats fork, prove it's not better