One way to think of Stacks Nakamoto w/ sBTC is as a single, global Lightning channel that settles on Bitcoin L1 every BTC block.
29 Nov 2023, 17:50
One way to think of Stacks Nakamoto w/ sBTC is as a single, global Lightning channel that settles on Bitcoin L1 every BTC block.
Pros: You don’t need to worry about routes or liquidity at all.
Cons: the trust assumptions are weaker; you trust the decentralized group of signers.