Bitcoin is objectively the best ledger out there. But, as great as Bitcoin is at solving the problem of self-custodial ownership, when it comes to using your coins we depend on centralized platforms. On an exchange we deposit funds giving up custody - we rely on the exchange to be "honest" and return your funds once you want to exit.
What if there could be a financial system where nobody can lie or cheat?
Dicreet Log Contracts to the rescue! DLCs have been out there for a while - but there is hardly any consumer friendly apps that unleash their power of self-custody. Bitcoin adoption has to be driven by making Bitcoin used - and with Lightning this does not have to be just a dream. We are working on self-custodial trading using DLCs on Lightning packed into an easy and fast to use app.
Check out the details in the latest blogpost.
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