Peck by twetch#4521 - peck.to

twetch#4521 5.6y

1PHt66…y2gp Key · twetch

Overlay networks can be built on top of bitcoin, bitcoin won’t do everything.

Good discussion on this today with creg, Michal Fletcher and come core twitter troll: https://twitter.com/mikefletcher_/status/1365736851571638275?s=21

Mike Fletcher @mikefletcher_ He's talking about overlay networks that have data encoded into transactions - LN doesn't encode anything, it just bounces TXs back and forth. You don't need to have Miners doing your calculations for you, just have them verifying and recording the new state.

What the chain says

Transaction: 14e76c70d149a9c283fa7452329d9cbf30a6952b85fc55230e48da0bd149e165
Block: 676 283
Time: 2021-02-27T19:35:18Z
Signer: 1PHt66fLG81VvUzDc1wYwvgQarYCUXy2gp
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#4521

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1PHt66fLG81VvUzDc1wYwvgQarYCUXy2gp Verified