Uniswap on Bitcoin, Is It Possible?

People don’t understand that any little trick put forth by any altcoins can be done in Bitcoin itself. Not on the base layer, ’cause we want that as immutable and safe as possible. Rather on Layer 2, an application running in parallel with Bitcoin’s blockchain.

The biggest thing to come out of the cryptosphere is Uniswap, and now people are bringing even that into Bitcoin.

@bitmatrix_ is a project recently announced for @Liquid_BTC that uses Covenants to build a Uniswap-like experience, except using #Bitcoin technology.

Introducing Bitmatrix

Here’s some reading material on what Covenants are.

https://bitcoincovenants.com/

https://bitcoinops.org/en/topics/covenants/