Enjoyed the use of the word “indivisible” tokens — 100 million Satoshi per coin.
What do you mean by… (the phrase IN CAPS)
“you cannot REMOVE THE BASE PEG VALUE that is used in a Lightning transaction without destroying the entire channel. Such is also why they made malleability out to be a major security flaw within Bitcoin. It isn’t; malleability is only a security flaw in Lightning-based payment channels, which were never a part of Bitcoin.”
Not that we want to scramble our brains with how LN works, but unsure what BASE PEG VALUE means.
Was under the impression the big flaw in SEGWIT comes due to segregating signatures causes Bitcoin to be irreversible in the event (of a theft for instance) of a problem.
Recognize these posts aren’t full technical detail but perhaps just a little more, with an example scenario for what can go wrong when SEGWIT combines w LN?