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Pierre Simon28d ago
Lightning Network is BTC, just off-chain. You are correct however that the technology itself can in principle also be applied to other crypto assets. This is partly done already through the taproot asset protocol where other assets like stablecoins (e.g. USDT and USDC) can and have been minted as a taproot asset in the Blockchain ecosystem. Example of that is the Speed Wallets where users can pay and receive USDT and USDC via the lightning channel. Bitcoin remains the settlement layer.
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brito28d ago
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 the same tech. Albeit we never see LN being used in the real world for anything other than zaps or the ocasional coffee because for anything bigger it will break often or not find a channel. That is really the reason why monero doesn't care about acrobatics and just uses monero itself without loops nor jumps.
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