Hanshan on nostr

Open in Damus

updating a multisig state isn't a token because you have an enforceable L1 claim to the sats.

it isn't without counterparty risk, because your channel partner can close or lie about the channel state.
but that is different from a ruggable token for example.

brito · 17h

A token from some other technology. When I write a check with 10 XMR to someone else and the bank has those 10 XMR on my my account, the check is the token until redeemed by the bank. This really isn't difficult to understand, yet the maxis completely refute reality like a religion instead of fact...