The more I look into Prime, the more convinced I've become this is the future of Bitcoin. Prime will do for Bitcoin what smartphones did for the internet, or what FinTech did for banking. Prime makes things like RGB transactions on Bitcoin viably scalable, with an incredibly minimal on-chain footprint.
It almost certainly obviates the perception of necessity for drivechains, since Prometheus state channels can arbitrate a 2WP. It does not require changes to the base protocol, it only uses layers, and as a result, is entirely permissionless.
Protocol ossifiooors have been vindicated. Prime is a fantastic defense against attacks on Bitcoin: Those wanting the security of Bitcoin, but needing the scalability for utility use-cases.
If you're interested in Prime, I highly recommend joining the discussion group on Telegram and catch up on the conversations we've been having there:
https://t.me/prime_layer1
And if you believe in doing the work instead of just taking my word for it, read the spec yourself:
https://github.com/LNP-BP/layer1
HunterBeast / Hunter ₿eaṩt
npub1qq…clxwk
2023-09-26 18:29:49
Author Public Key
npub1qqqqqqqrxtrcx8vut2vlrqa0c2qn5mmf59hdmflkls8dsyg9vmnqsclxwkPublished at
2023-09-26 18:29:49Event JSON
{
"id": "000000de7a6b9671e4a11309dd74ea939f9c6f6d58a1639cc489fbb127883303",
"pubkey": "000000000332c7831d9c5a99f183afc2813a6f69a16edda7f6fc0ed8110566e6",
"created_at": 1695752989,
"kind": 1,
"tags": [
[
"client",
"gossip"
],
[
"nonce",
"6341068275340053187",
"24"
]
],
"content": "The more I look into Prime, the more convinced I've become this is the future of Bitcoin. Prime will do for Bitcoin what smartphones did for the internet, or what FinTech did for banking. Prime makes things like RGB transactions on Bitcoin viably scalable, with an incredibly minimal on-chain footprint.\n\nIt almost certainly obviates the perception of necessity for drivechains, since Prometheus state channels can arbitrate a 2WP. It does not require changes to the base protocol, it only uses layers, and as a result, is entirely permissionless.\n\nProtocol ossifiooors have been vindicated. Prime is a fantastic defense against attacks on Bitcoin: Those wanting the security of Bitcoin, but needing the scalability for utility use-cases.\n\nIf you're interested in Prime, I highly recommend joining the discussion group on Telegram and catch up on the conversations we've been having there:\nhttps://t.me/prime_layer1\n\nAnd if you believe in doing the work instead of just taking my word for it, read the spec yourself:\nhttps://github.com/LNP-BP/layer1",
"sig": "45747ba25b046290ac969afd659c6e3568d2b45671f4573a1ad658317c551b595a7aa74d51b05257e7878b14f7f3134be1e833c81e3d1d3f4b771b9974eb6e30"
}