Oddbean new post about | logout
 Yeah, I’ve done a lot of research and am a developer. 

I’ve written a lot of research on the topic already. You can start here and review my threads. 

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I’m happy to debate anything. 

Liquid is an L2 because it operates as a secondary network on top of bitcoin, inheriting its security guarantees. Both lightning and liquid operate through two-way pegs from bitcoin. Sidechains can be secondary layers too, ya know. 

We don’t need the ability to open a million lightning channels right now. Maybe people will want to use self-custodial lightning in the future, but they clearly don’t right now. You can ask the Mutiny devs if you’re unclear why. 

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