Hi,
I'm not a bitcoin developer.
Hello all,
I’ve been thinking about how OP_RETURN is being used to create and trade NFTs on Bitcoin (think RarePepes, SoG and other new ones) and was wondering if it’s possible to
Do you have a link to any of these protocols?
make transactions with this opcode via Lightning.
More specific questions could be:
- Can opcodes like OP_RETURN be inside a channel’s opening or closing transaction?
- If so, could that OP_RETURN change hands within that channel or network of channels?
OP_RETURNs do not have ownership according to the bitcoin network. It is not hard to define a protocol that associates an OP_RETURN with ownership, and ownership could then be transferred via lightning by sending associated currency via lightning. Robustness improvements seem possible.
- If possible, could the OP_RETURN be divisible? Could one person send a piece of a OP_RETURN just like one can do right now on the primary ledger or would it need to maintain the OP_RETURN code intact?
OP_RETURNs themselves do not have ownership, but you can define a protocol that gives them divisible ownership, including via lightning.
I’m assuming that, if possible, this would need a protocol layer parallel to Bitcoin/Lightning that stores and reads all Bitcoin transactions and the ones which involve the node's channels as well as the ones with the OP_RETURN, just like CounterParty does right now with the primary ledger.
Thank in advance.
——
Héctor Cárdenas
@hcarpach
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