David A. Harding on Nostr: I don't know anything about Asset Universes. I thought TA was basically refusing the ...

I don't know anything about Asset Universes. I thought TA was basically refusing the existing LN by only resolving assets at the endpoints. E.g., A to B is foocoin, B to C is BTC, C to D is foocoin. It sounds like you're proposing A to B is trustless foocoin, B to C is two parties claiming to xfer foocoin but really looking up the foocoin exchange rate and swapping an equivalent amount of BTC instead, and C to D is trustless foocoin. That seems fine but the TA method seems to have a larger network and so stronger network effects, especially for rarely used assets.