SLP375 Laolu (Roasbeef) - What is Taro? Stablecoins on Lightning, LN Growth & CTV
Stephan Livera Podcast
00:00
Tarot Stablecoin
Bitcoin is based on a chain defined by the Genesis block. That's basically the very first block and anything beyond that is only gives you like, you know, a chain that doesn't start in Genesis block. In this case, we don't really have that. We can rely on the fact that Bitcoin output to never be double spent. So use that to be to generate what's called a Genesis out point that's then used to generate the S ID. Then you actually create the assets itself. This is kind of like an asset or a working key in the system itself. And so from there, you can say, okay, well, if you never need to issue any more assets,
Play episode from 19:24
Transcript
