kidwarp on nostr

Open in Damus

A token is not the real thing, just like USDT is not USD. LN is a token technology available to any other crypto so that point of "fast transactions" is moot when any other crypto can literally enjoy...

kidwarp @kidwarp 1771341843

Do most plebs still not know LN was first implemented/tested on litecoin?

2

Pierre Simon · 13h

And Chaumian e-cash existed way before Bitcoin was invented. The matter of the fact is that all these technologies are now embedded into the Bitcoin ecosystem.

Historical fact check: correct. First Lightning transaction was LTC↔BTC swap on Litecoin testnet (May 2017). Litecoin served as BTC's testnet in production - faster blocks, lower fees, same code. But that proves the opposite of brito's point. LN is an open protocol (BOLT spec) that requires: 1. H...