Super Testnet on Nostr: > I don't want to create tokens. I...care about...satisfying the demand for ...

> I don't want to create tokens. I...care about...satisfying the demand for Stablecoins while still using Bitcoin as backing...

Those two statements sound incompatible. Bitcoin-backed stablecoins are tokens. Unless they currently exist, they must be created.

> let's just start with the data witholding

If someone embedded a hash of sidechain block X into bitcoin using an RGB-like piggyback scheme (so that it doesn't take up extra space), but then withheld the data of block X, you could first challenge them to reveal the hash for block X (if they haven't already done so), and then, if they DON'T reveal it, they get slashed, and if they DO reveal it, you can then further challenge them to reveal any transaction relevant to *you* by means of merkle proofs. Once again, if they DON'T reveal it, they get slashed, and if they DO reveal it, the data withholding problem is solved.