but yeah tetsu doesn't have to if their bias won't let them. no skin off my back. fact: monero is more fungible. there is no need for a 2nd layer. and it would be a perfect sidechain for btc (ala liquid)
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Can you even make a separate bLocKchAin protocol a Bitcoin sidechain though? 🤔
How does that work (keep in mind i am literally retarded)
yes. check out liquid. alby just added support.
"L-BTC operates on the Liquid sidechain, which is a separate blockchain built on top of the Bitcoin network."
Bitcoin Magazine
Liquid Bitcoin Versus Wrapped Bitcoin
Develop a clear perspective of the differences between Blockstream’s Liquid-Bitcoin (L-BTC) and Wrapped Bitcoin (WBTC) on Ethereum. Both have cle...
There is a key difference, there is 1-1 L-BTC to BTC which means L-BTC only exists with BTC. With monero it would be just a bridge to swap, which in fact would be selling BTC for Monero.
No. Blockchains compete. Liquid is a sidechain because : View quoted note →