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FJD-Desktop

I want to see stablecoins on CashTokens and I don't

want to see them a million years in the future.

SmartBCH has a bridge or AtomicSwap between BCH and sBCH where you can swap or exchange BCH for sBCH and back. I don't care about SmartBCH what I care is the fact you can connect both networks.

It wouldn't be possible to use that same AtomicSwap to bridge stablecoins from other EVMs to bitcoin Cash using the same tech. We have ETH, BSC and even RSK and all of those EVM networks have stablecoins.

Or that atomicswap tech is only for BCH/sBCH and could never work for tokens in other EVMs and CashTokens?

#bch #bitcoincash #cryptocurrency #english
0

16 ответов

56 просмотров
Shadow-Of Harbringer 👁️🧀

Almost any stablecoin run on CashTokens will end up badly (Especially one created or lead by George Donelly, lol). The only hope for having a "stable" stablecoin that has actual backing is one is built on tokenized AnyHedge / BCHBULL contracts.

0
08.12.2023
FJD-Desktop Автор вопроса
Shadow Of Harbringer 👁️🧀
Almost any stablecoin run on CashTokens will end u...

I am not asking for your opinions. I am asking a technical question. If you don't have the answer you can move on. I don't want to come rude. I just need to now if it is technically possible to link EVM stablecoins with BCh using the SmartBCH AtomicSwap tooling.

0
08.12.2023
Shadow-Of Harbringer 👁️🧀
FJD Desktop
I am not asking for your opinions. I am asking a t...

It's not my opinion. You said: > I want to see stablecoins on CashTokens and I don't want to see them a million years in the future. I answered: "Sorry, but any stablecoin that comes and is not AnyHedge will end up in scam or rugpull" It's 125% on-topic.

0
08.12.2023
FJD-Desktop Автор вопроса
Shadow Of Harbringer 👁️🧀
It's not my opinion. You said: > I want to see st...

Well focus in the technical question.

0
08.12.2023
JF-

i dont think the bridge between BCH and sBCH was ever trustless... That was the whole issue with the coinflex debacle. They were acting as a TRUSTED bridge

0
08.12.2023
FJD-Desktop Автор вопроса
JF
i dont think the bridge between BCH and sBCH was e...

I am not asking/referring about the bridge but the AtomicSwap tooling

0
08.12.2023
Shadow-Of Harbringer 👁️🧀
JF
i dont think the bridge between BCH and sBCH was e...

Technically speaking, the promised bridge was never delivered. And it was promised to be trustless. Math for the possibility of being "trustless" was never presented. So, to sum it up, the decentralized bridge is technically not feasible without some centralization factor.

0
08.12.2023
JF-
Shadow Of Harbringer 👁️🧀
Technically speaking, the promised bridge was neve...

right, my point is, he thinks he wants "the same tech" to be able to swap between BCH stuff and other chains, but "the tech" never actually existed.

0
08.12.2023
FJD-Desktop Автор вопроса

Once again I am not asking about the bridge but the AtomicSwap tooling that SmartBCH developed https://atomicswap.cash/

0
08.12.2023
Shadow-Of Harbringer 👁️🧀
FJD Desktop
Once again I am not asking about the bridge but th...

Yes, talking technically the Atomic Swapping is also not fully decentralized. Third party damage danger? As in, the person running the swap service can just shut it down/rugpull? Sb correct me if I am wrong.

0
08.12.2023
xiaoyufu-

Are CashTokens just a simple currency issuance protocol? what difference does it make

0
09.12.2023
Dustin 🪐-
xiaoyufu
Are CashTokens just a simple currency issuance pro...

IIRC, CashTokens is a "nearly Turing complete" scripting language.

0
09.12.2023
FJD-Desktop Автор вопроса
xiaoyufu
Are CashTokens just a simple currency issuance pro...

A lot of difference otherwise I wouldn't be interested in it

0
09.12.2023

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