adystar on Nostr: So legitimate question not trolling ot anything : how are lightning "sats" in out ...
So legitimate question not trolling ot anything : how are lightning "sats" in out wallet not IOUs for #Bitcoin? If the channels are setup between lightning nodes I'm assuming the sats in out wallet are part of the multisig channel "owned" by the wallet provider. Unless redeemed on-chain it's an IOU from the wallet maker. Am I incorrect in my assumption/understanding? I didn't dive deep into lightning, just the basics... #noob #noobQuestion
Published at
2023-04-05 21:19:17Event JSON
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"content": "So legitimate question not trolling ot anything : how are lightning \"sats\" in out wallet not IOUs for #Bitcoin? If the channels are setup between lightning nodes I'm assuming the sats in out wallet are part of the multisig channel \"owned\" by the wallet provider. Unless redeemed on-chain it's an IOU from the wallet maker. Am I incorrect in my assumption/understanding? I didn't dive deep into lightning, just the basics... #noob #noobQuestion",
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