{"type":"rich","version":"1.0","title":"theonevortex wrote","author_name":"theonevortex (npub1q5…k6dh3)","author_url":"https://yabu.me/npub1q5un2zq6d93ygesrg3rwmgehfkg9v5kah7pp0jy8pqvzdparxpnqkk6dh3","provider_name":"njump","provider_url":"https://yabu.me","html":"I can't seem to find anything you've developed. Where's a link? Because you still seem grossly misinformed.\n\nI repeat Liquid is not an L2 because it doesn't natively settle to bitcoin and is a federated network and therefore has completely different security guarantees than bitcoin. Lightning is the only L2 that directly settles to bitcoin due to creating a HLTC on the base chain.\n\nYou are completely wrong about covenants, as I mentioned they will help to decentralize mining pools, do more research.\n\n\u003e We don’t need the ability to open a million lightning channels right now.\n\nYes but we will in the future, many millions in fact.\n\n\u003e Why we don’t need op_cat, op_ctv or anything else so that we can open many lightning channels at once. \n\nThe only way to do this is with channel factories which is only possible with CTV."}