RE: Content Removed By Sapphire Crypto

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pokermaria in LeoFinance • 2 years ago

Speaking of missed rock bottom...

I guess, you heard about Mintlayer, however, I didn't see you wrote about it. Do you think, it's too late or still early?

I got some, just in case, I don't want to miss 10x either, but generally do you think, will it succeed in this year?

Do you know anything about its zk proof thing? Will it be one of the ETH 2nd layer kinda chain on btc, something like Polygon or more likely Polkadot?

I don't want go deep in it, but nor want to miss totally.

just searching for 2nd opinions outside their community.

thx

2 years ago in LeoFinance by pokermaria

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sapphirecrypto 2 years ago

Yeah, I had a look at it. However, ever so briefly, so I am not too knowledgeable on the project. I chose to overlook it. There's so much out there... one has to be selective. That being said, it could still be a pretty good investment.

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pokermaria 2 years ago

Unfortunately, me neither.

However, the rollup, zk proof transaction option for btc would be something huge with a btc 2nd layer project. (I don't want to touch the risk/reward ratio, if I just simply compare it to ETH and ETH 2nd layer projects with rollup, zk. Considering that btc is 20x to eth... it's obviously huge.)

Their roadmap, wp touching it just a bit. Atm it's not the actuality, but in next bull circle top, in 2025 it could be, and then it would be picked up fast, when fees are going to be insane high.

zk in wp.jpg
https://docs.mintlayer.org/whitepaper/3-tokenization-standard

So for me, it wouldn't be some short term speculation, but my 'buying bottom a future top20 coin' option...

I'm not that technical guy, but I know what it would mean, if they got zk proof. Do you know at least, is there actually working zk proof on btc right now? I don't really follow btc deeply. Spent half day finding it out, but I just found plenty confusing rubbish, but not a real working one.

thx

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